Rajya Sabha MP Raghav Chadha has proposed allowing married couples to file joint income tax returns in India. The move, he argues, could reduce the tax burden on single-income families and ensure ...

The proposal for allowing joint Income Tax filing for married couples in India has sparked renewed discussions about the ...

The income tax laws allow a person to file a revised Income Tax Return (ITR) by December 31, in case the taxpayer finds some mistakes or omissions.

Taxpayers can file updated returns before March 31 to correct past omissions. They have to pay the due taxes, along with applicable interest and additional tax. Filing updated returns (ITR-U) under ...

A step-by-step ITR filing guide for salaried individuals for FY 2024-25, including key forms, tax regime choices, document checklist, offline utility details, and the new extended filing deadline.

Raghav Chadha, MP from the Aam Aadmi Party, spoke in the Rajya Sabha during the debate on the Union Budget, presenting ...

Tax experts say reporting gaps often arise due to misunderstanding of disclosure rules, reporting timelines, and the ...

The legal heirs are responsible for filing the return of income from 1st April till the date of death of the deceased and discharge the tax liability.

Indian tax laws treat individuals as separate and unique taxpayers. If an individual earns Rs 25 lakh a year, the amount of ...