'Ensure that all property-related documents are up-to-date.' 'Relying on outdated...

'Any earnings, regardless of location, will be subject to Indian income tax.'

Long-term tax-saving FDs can also be considered after the PPF limit has been exhausted.

Scammers sometimes misuse personal information collected during tax preparation,...

'Despite rising inflows, many NRIs lack awareness about NRO and NRE accounts and...

Make minimum payments on all debts, then use extra funds to tackle the smallest debt...

Submitting a late return helps you stay compliant with tax regulations and avoid legal...

'File all the supporting documents in response to the allegation since there is a...

A taxpayer who does not revise their return within the stipulated deadline would be...

It is advisable to file your ITR right away and not rely on potential extensions.

'The adjustments (of tax slabs and standard deduction) will reduce the tax burden for...

'Compare the new slabs with the previous years to understand if your tax liability will...

'If an individual makes significant financial investments, she should stick to the old...

'A mid-year review makes the end-of-year financial review manageable and less stressful.'

'Filing a nil ITR serves as a formal declaration to the tax authorities that your...

Not filing an ITR or paying the tax dues on the deceased's behalf can lead to penal...

Many seniors mistakenly believe they need not file returns if tax is deducted at source...

Form 16 contains details of salary income, deductions, and exemptions.

If gratuity is not paid within 30 days of termination, the employer must pay interest...

Discrepancies between Form 26AS and Form 16 can lead to an inquiry by the I-T department.