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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 in ITR-1.&nbsp;

ITR Filing 2025: Is it mandatory to define the nature of employment while filing income tax return? 

Standard Deduction: Salaried individuals get up to Rs 75,000 standard deduction on their salary under Section 87A of the Income Tax Act, 1961. This comes under the new tax regime.

ITR Filing: How to pay 0 tax on Rs 16 lakh income in new tax regime; see calculations

The number of people filing income tax returns (ITR) in India has grown by over 32 per cent in the past five financial years, the Parliament was informed on Tuesday.

ITR filers grow by 32% in 5 years: Government

Users were facing issues downloading their Annual Information Statement (AIS) and Taxpayer Information Summary (TIS) last week. These forms are crucial to file ITR.&nbsp;

ITR Filing 2025: Is the deadline extended to file income tax return? Know everything here

EPF: A salaried person can get a tax benefit of up to 12 per cent of their basic pay on the employer's contribution to their Employees' Provident Fund (EPF).

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Is it possible to pay 0 tax on Rs 15,50,000 income? See calculations to know

New Tax Regime:&nbsp;Salaried taxpayers can get up to Rs 75,000 standard deduction on their salary under Section 87A of the Income Tax Act, 1961.

How to pay 0 tax on Rs 15,00,000 income in new tax regime; see calculations

Form 26AS: The taxpayer should download Form 26AS and confirm the actual TDS/TCS/Tax paid. If any discrepancy is observed, then suitable action should be taken to reconcile it.

ITR Filing 2025: What precautions should you take while filing the return of income? Checklist inside

If you are making a cash payment, then only up to Rs 2,000 is allowed to donate.&nbsp;Otherwise, you should make an online payment, demand draft, or cheque.

ITR Filing 2025: Are all donations 100% exempted from tax under old regime? Know here

ITR Filing Last Date:&nbsp;The CBDT announced the extended deadline for ITR at the end of May 2025.

ITR Filing 2025: This is the final deadline for non-audit cases

The new bill replaces the Income-tax Act, 1961, which has been subjected to numerous amendments since its passage more than sixty-four years ago.

Goodbye 1961 Act, Hello 2025 Bill: Lok Sabha clears digital-first Income Tax Bill—Key changes

ITR-1: There are seven types of ITR forms, and ITR-1 is one of them. It is also called 'Sahaj'. Taxpayers whose income is up to Rs 50 lakh per annum from salaries, one house property, other sources like interest long-term capital gains under Section 112A up to Rs 1.25 lakh, and agriculture income up to Rs 5,000 can use the ITR-1 form to file their return.

ITR Filing 2025: Joint owner of a house with my spouse & don't have any additional property; can I file ITR-1 in AY 2025-26? 

Finance Minister Nirmala Sitharaman on Friday formally withdrew the February version of the Bill, first tabled during the Budget session, after the Baijayant Panda-led Select Committee of Parliament suggested 566 amendments in its 4,584-page report.&nbsp;

Major reliefs for taxpayers on cards? Centre to table revised Income Tax Bill in LS on August 11—Check key recommendations

The new measures will play a significant role in creating a fair and equitable system of direct taxation that ensures no additional burden of direct taxes on the working and middle-class population of the country.

Income Tax Bill 2025: Finance Minister withdraws Income Tax Bill in Lok Sabha; new version to be tabled on August 11

Even when the advance taxes have been paid, they&nbsp;need to be reported to the Department through the ITR filing procedure.

ITR Filing 2025: Do you need to file the income tax return even when you have paid all the taxes in advance?

On Friday, the Union Cabinet may meet at around 1 pm to discuss and possibly clear the bill, they said.

New Income Tax Bill likely to be presented in Parliament on August 11; Cabinet meeting on August 8

Pay 0 Tax on Rs 18.50 Lakh Income: The new tax regime for the financial year (FY 25-26) provides an opportunity for a salaried-class individual to pay 0 tax on up to Rs 12,75,000 income. But you may make your Rs 18,50,000 salaried income tax-free by taking tax benefits available in the tax regime. Know how you may make your Rs 18,50,000 income tax-free in the new tax regime.&nbsp;

Pay 0 Tax on Rs 18,50,000 Income: How your Rs 18.50 lakh salaried income can be tax-free in new tax regime

ITR Filing Season: E-payments are made using debit and credit cards, direct bank deposits, and e-checks; however, other e-payment methods such as e-wallets and bank transfers can also be used.

ITR Filing 2025: Are e-filing and e-payment the same thing? Here's what you need to know

Taxpayers can choose between electronic verification or physical verification. For the latter, one needs to download the ITR-V acknowledgement form, sign it&nbsp;and send a hard copy to the Income Tax Department’s Central Processing Centre in Bengaluru.

ITR Filing AY 2025-26: How to verify returns within 30 days to avoid invalidation

HRA Tax Relief for ITR FY 24-25: In the old tax regime, you get a tax benefit on the house rent allowance (HRA). But how much tax benefit do you get on HRA? If your basic pay is Rs 50,000, HRA is Rs 15,000, and you are paying Rs 12,500 rent, how much tax benefit will you get in a financial year?

HRA Tax Benefit Calculations: Basic pay Rs 50,000; HRA Rs 15,000, and paying rent of Rs 12,500? Know how much tax benefit you may get this financial year

The amount of the income tax refund is equal to the excess tax paid, which is not taxable and cannot be considered income.&nbsp;

ITR Filing 2025: Paid excess tax? Know if it will be refunded to you and how; check the process inside

income-tax

Income Tax Dept has launched TRACES 2.0 from April 1, 2026, simplifying TDS compliance under the new tax regime. New forms, lower TCS rates and a revamped portal aim to make tax tracking and corrections easier for taxpayers.

Income Tax Dept Launches TRACES 2.0: How new TDS portal works, what changes for taxpayers

Income Tax FY27: Form 39 will replace Form 10E from FY27 to help taxpayers claim relief on salary arrears and lump sum receipts. The new form simplifies calculations, reduces errors and ensures fair tax liability.

Income Tax FY27: New Form 39 to claim relief on salary arrears, gratuity — Key details

Choosing between the old and new income tax regimes in 2026 can impact your savings by up to Rs 1.25 lakh, especially for a Rs 20 lakh salary. The right choice depends more on your financial habits than just tax slabs.

Old vs New Income Tax Regime: Choosing the wrong one could cost you more — 7 mistakes to avoid

New Income Tax Forms 2026: From April 1, 2026, India’s income tax system gets a major reset with new forms under the Income-tax Rules, 2026. Form 121 replaces Forms 15G and 15H, creating a single declaration to avoid TDS for eligible taxpayers.

New Income Tax Forms 2026: Form 121 replaces 15G, 15H; full list, key changes explained

Income Tax 2026 has changed how you save tax, with 80C, 80D and 80E missing in the new regime. But which option actually saves you more money? Here’s what you need to know.

Income Tax 2026: 80C, 80D, 80E gone? Old vs New tax regime — Which saves more

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