Category: Seven Star

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/tax-calculation-heres-a-capital-gains-tax-hack-on-how-to-use-losses-smartly-to-lower-your-fy26-tax-outgo-475774-2025-05-10 The Income-tax Act of 1961 outlines set guidelines for offsetting capital gains and losses. This enables taxpayers to deduct losses from gains effectively,

lipped from: https://www.financialexpress.com/money/itr-filing-2025-common-mistakes-that-could-cost-you-big-3839675/ With ITR forms for FY 2024-25 already available, now is the ideal time to prepare and avoid last-minute mistakes. As the July 31

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-4-sugam-decoded-who-can-file-whats-new-for-ay-2025-26-check-details-475268-2025-05-08 A major update for AY 2025–26 is that taxpayers with long-term capital gains of up to Rs 1.25 lakh can now also use

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-filing-2025-choosing-old-tax-regime-form-10-iea-is-mandatory-check-details-475686-2025-05-10 When filing income tax returns for FY 2024-25 (AY 2025-26), salaried individuals, professionals, and pensioners must choose between the New and Old Tax

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/tax-filing-2025-how-itr-form-1-is-different-from-itr-form-3-or-itr-form-5-how-can-make-the-right-choice-475697-2025-05-10 Taxpayers can now file their returns for FY 2024–25 using the latest ITR forms notified by the Income Tax Department. Forms ITR-1 to

Clipped from: https://www.taxscan.in/income-tax-return-filing-complete-itr-form-checklist-for-ay/514406/?utm_source=signinbutton&utm_medium=txn&utm_campaign=checkoutsigninbtn For individual taxpayers with basic income sources, ITR Form 1 (Sahaj) is a one-page income tax return form. To make tax filing easier

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-3-form-simplified-for-ay-2025-26-taxpayers-with-business-income-capital-gains-split-must-note-new-rules-474550-2025-05-02 A key update in the ITR-3 form is a new schedule for reporting capital gains, allowing taxpayers to separately disclose gains accrued before

Clipped from: https://taxguru.in/income-tax/small-businesses-optimize-tax-benefits-income-tax-act-1961.html In India, small businesses form the backbone of the economy, contributing significantly to GDP and employment. However, many small business owners often miss

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/i-am-62-year-old-and-i-submitted-form-15h-to-my-bank-but-tds-was-still-deducted-on-my-interest-income-what-should-i-do-473260-2025-04-23 Senior citizens are eligible for specific tax benefits, such as the ability to fill out Form 15H to prevent TDS from being deducted

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/tax-filing-2025-26-form-16-gets-an-upgrade-what-salaried-taxpayers-need-to-know-473440-2025-04-24 The new Form 16 includes additional details compared to previous versions, providing taxpayers with a more comprehensive overview of their financial information. Now,

Clipped from: https://www.financialexpress.com/money/income-tax-itr-filing-2025-a-step-by-step-guide-for-senior-citizens-to-file-income-tax-return-3817328/ An individual resident who is 60 years or above in age but less than 80 years at any time during the previous year

Clipped from: https://www.financialexpress.com/money/itr-filing-2025-heres-how-to-use-e-pay-feature-to-clear-income-tax-dues-a-step-by-step-guide-3815863/?ref=money_hp This user-friendly option allows individuals to pay income tax through various methods such as net banking, debit card, over-the-counter payments, NEFT/RTGS, or payment