Experts advise taxpayers to choose the correct ITR form and ensure full disclosure of both Indian and foreign dividend income ...

Form 16 summarises salary income and TDS but excludes other incomes like interest, freelancing, capital gains, rental income, ...

Understand NRI tax filing in India for FY 2024-25, including residential status, taxable income (NRO interest, rent, capital gains), TDS refunds, DTAA, and filing ...

Taxpayers stand to benefit from a 45-day extension for filing returns due to significant ITR form changes in Budget 2024. However, errors can crop up despite online filing improvements, ranging from ...

Annual Information Statement, launched by the Income Tax Department in 2021, is a detailed report of your financial activity for a year. It lists income from different sources—wage, interest ...

Are personal loans taxable? Find out how the IRS treats personal loans and when you might need to report them on your taxes ...

Form 16 summarises your salary and the TDS deduction but not include other sources of income like interest from savings, freelancing earnings, capital gains, rental income, or additional deductions.

India’s crypto investors face new tax challenges as the government tightens regulations around digital assets. From a flat 30 ...

Navigating taxes in retirement can be challenging. Your tax situation may differ from your working years due to income and ...

Avoid double taxation on your foreign income. Here's everything you need to know for smoothly claiming your foreign tax ...

Learn about TDS Return Form 27Q for non-salary income of non-residents, including due dates, penalties, and interest on late ...