File tax return in mid-June, once all necessary info is available

Taxpayers are filing their income tax returns (ITRs) early for the Assessment Year 2024–25 (FY25). By April 29, over 592,000 returns were filed, with over 538,000 verified and 367,000......

ITR forms for 2020-21 give taxpayers option to choose new tax regime

The Income Tax department has notified forms for filing I-T returns for 2020-21 fiscal, the Central Board of Direct Taxes said on Thursday. Illustration: Dominic Xavier/Rediff.com "Keeping in view......

Don't have Form 16? You can still file your tax return

If a salaried employee does not possess Form 16, he can still file the I-T Return with the help of his salary slips and Form 26 AS. Illustration: Uttam Ghosh/Rediff.com The last date to file your......

Working from home? You may end up paying higher taxes this fiscal

The reimbursement components of your salary require you to furnish bills before they become tax-exempt. Producing them may be difficult this year. Illustration: Uttam Ghosh/Rediff.com If you think......