In early January, the IRS announced that the first day for filing 2025 tax returns would be today, Monday, Jan. 26, 2026. If ...
The amount of the income tax refund is equal to the excess tax paid, which is not taxable and cannot be considered income.
If you missed the deadline to file your Income Tax Return (ITR), you still have a chance to comply with tax laws by filing a belated return. The original deadline to file ITR for the current ...
From April 1, 2025, taxpayers earning up to ₹12 lakh can enjoy zero income tax under the new tax regime, following a higher ...