As the deadline for ITR filing in 2025 approaches, taxpayers across India are busy calculating income, deductions, and liabilities. But in the state of Sikkim, the process is remarkably different. Here, eligible native residents pay zero income tax—regardless of how much they earn. Backed by Article 371(F) of the Constitution and Section 10(26AAA) of the…
While filing an income tax return (ITR), it is important to choose the correct ITR form. For individuals with more than one source of income— for example, a salaried person who also invests or trades in stocks, earns rental income, or offers consulting services—selecting between ITR‑2 and ITR‑3 can be confusing. But filing the right…
The Central Board of Direct Taxes (CBDT) has extended the income tax return filing date to September 15, 2025 from July 31, 2025. This is a developing story, more details will be added soon. Source link