Last 18 days left to file your income tax return (ITR) for the Financial Year 2025. The ITR filing deadline is September 2025, which was originally July 31, 2025. Filing ITR before the last date is important because after the due date, it attracts penalties under Section 234F of the Indian Income Tax Act. The…
ITR Filing 2025: If you still haven’t filed your Income Tax Return (ITR) for FY 2024-25 (AY 2025-26), there’s some relief. The Centre has extended the deadline to September 15, 2025, from the earlier cut-off of July 31. This extension applies to salaried individuals and pensioners whose accounts don’t require an audit. For those whose…
There are only 23 days left to file the Income Tax Return (ITR) for the Financial Year 2025. The last extended date to file a return is September 2025. The due date to file ITR for non-audit taxpayers is generally 31st July of the relevant assessment year, if not extended. However, in May 2025, the…
In the last decade, the online gaming industry in India has seen massive growth. The industry gained so much because of offering real money to people on the platforms, including battlegrounds, sporting games, quizzes, and card games. But now the government has banned the real money games. On Thursday, August 21, the parliament passed a…
Filing an Income Tax Return (ITR) is an important financial responsibility that everyone should do. Salaried individuals’ taxes are deducted at source (TDS) by their employers, but non-salaried individuals like freelancers, business owners, housewives, and students need to file their ITR independently. Now the question arises, should students or unemployed individuals file their ITR if…
Every individual must file an Income Tax Return (ITR) if their income (before considering certain exemptions and deductions) exceeds the maximum exemption limit. For the Financial year 2024-25, the last date to file ITR is September 15, 2025. Taxpayers can file their return of income either in hard copy (only ITR 1/4 in specified cases)…