New Delhi: A joint account is a type of bank account shared by two people, allowing both individuals to deposit and withdraw money freely. These accounts are popular among couples, business partners, ...

Taxpayers who have identified errors in their income tax returns for the 2024-25 financial year can still file a revised ITR ...

This guide explains that disclosure under Schedule FA is mandatory, even for zero-income foreign accounts or unsold RSUs. Following calendar-year reporting and proper documentation helps avoid ...

If excess tax paid by a taxpayer is not refunded within the stipulated time, the income tax department must pay simple ...

Studies show that about 60% of homeowners miss out on a major tax deduction. Despite regularly paying thousands in interest on a home loan during the construction phase, they do not claim the ...