The basic exemption limit was raised to Rs 4 lakh, and a Rs 75,000 standard deduction applies for salaried individuals, potentially pushing the zero-tax income limit to Rs 12.75 lakh. Following the ...
The Income Tax Department has notified ITR-1 and ITR-4 forms for the assessment year 2025-26. These forms are for those individuals and entities whose annual income is up to 50 lakhs. That is, the ...
The Income Tax Department has extended the last date for filing Income Tax Returns (ITR) this year from July 31 to September 15, 2025. While individuals earning less than ₹2.5 lakh annually under the ...