ITR-1: While filing your income tax return, you don't need to file any form for opting in or opting out of the new tax regime ...

As tax season arrives, first-time income tax return filers can feel overwhelmed. Here's a checklist of necessary documents, ...

Filing ITR is beneficial for students and unemployed individuals, providing proof of income, claiming tax refunds, ...

The process involves two major steps: obtaining proof that you are the legal heir, and registering yourself on the income tax ...

The Federal Board of Revenue (FBR) has officially notified the simplified electronic tax return form for the tax year 2025, ...

A 1099 tax form is a statement that details an amount of money that you were paid. Learn about this important tax document ...

When the Income Tax Department identifies these discrepancies, they issue a notice giving you 15 days to make the necessary ...

The interactive return form incorporates an auto-fill system that integrates ... the filing process and enhancing transparency. Under the Income Tax Ordinance, taxpayers must begin filing returns soon ...

The Federal Board of Revenue (FBR) has launched a simplified electronic tax return form for individual taxpayers for the year ...

Taxpayers may get penalized for not reporting beneficial ownership information for a trust because they assume the Canada ...

Since May 29, the day when the ITR filing officially started this year, around 3.29 crore returns have been filed. Of them, 3.19 crore returns are verified, according to the Income Tax Department's ...

If you are yet to file your Income Tax Return (ITR), this update is crucial. For the financial year 2024–25, the current ...