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The Income Tax Department officially notified ITR Form ... The simplified form is designed for individuals and entities who earned up to Rs 50 lakh during the recently concluded financial year.

This change streamlines the tax filing process, making it more accessible and less burdensome for small investors and salaried individuals, thereby encouraging timely and accurate compliance.” Apart ...

old tax notices and previous year ITR. For AY 2025–26 (covering income earned during the financial year 2024–25), the ITR offline and online filing is likely to be enabled soon. However, it’s ...

Donation calculator: A donation calculator is a ... 1040, Schedule 1, 2, and 3 (limited), earned income tax credit, child tax credit, unemployment income, student loan interest, tuition and ...

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Sora Lee, 34, has worked for some of the biggest names in tech -- Netflix, Meta and TikTok -- earning six-figure salaries before launching her own company in 2023. It took her a little over 10 ...

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We have everything you need to know about tax credits, changes and deadlines, and more. Get the info you need to prep and file your 2024 income tax ... on (or under) the table.

She said: "You also must file ITR if: You want to claim an income tax refund due to excess TDS or advance tax; You have earned from or invested in foreign assets during the financial year ...

Eight states have no income taxes. Five more don't tax retirement income, but have some minor exceptions. Most states don't subject Social Security benefits to income taxes, but nine do.