Late filing fee: Under Section 234F, a late fee of up to Rs 5,000 may be levied for belated ITRs (ITR filed after original ...

A belated return is simply an ITR filed after the official deadline. By law, such returns can be filed up to three months ...

The Income Tax Act provides taxpayers the choice of making a selection between the old and new regimes, yet the selection ...

Before deciding, compare your overall tax liability under both the old and new tax regimes. This will help you understand which tax regime is best for you., Personal Finance, Times Now ...

When filing an Income Tax Return (ITR), taxpayers are generally perplexed among exemptions, deductions, and rebates. Though all three reduce your tax outgo, they operate distinctively under the Income ...

The Income Tax Department clarified on Monday that deadline for filing income tax returns or ITRs is September 15, 2025.

Taxpayers who opted for the Old Tax Regime (OTR) for FY2024-25 and claimed exemptions like HRA and Section 80C through their ...

The government introduced a new tax regime in 2020 with lower slab rates but without standard deductions and exemptions. Taxpayers can choose between the old and new regimes each year, but switching ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), a single form that consolidates the calculations of the four ...

In August 2025, pro-Russia Telegram channels and state-linked media claimed Russian hacker groups accessed a Ukrainian military database showing 1.7 million soldiers killed or missing since 2022. The ...

A man is suing two people for $1.5 million over an alleged attempted murder at a Fox-area mining claim in August 2023. James McIntosh’s attorney, Robert John, filed the lawsuit against 74-year-old ...

Marius Bülter scored at the death as promoted Cologne stole a 1-0 Bundesliga victory at 10-man Mainz on Sundeay. Bülter was completely unmarked in the 90th minute for a glancing header off Luca ...