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Updated vs Revised ITR - Income Tax Department gives the taxpaying citizen an opportunity to file a revised income tax return (ITR) and an updated ITR. Here's what taxpayers should know about their differences ahead ...

Most taxpayers have received their ITR returns, but some still await refunds. If refunds fail, taxpayers can request reissue via the e-filing portal, ensuring bank details are correct. 

Taxpayers can rectify errors in income tax returns by filing revised returns ahead of the deadline. The Income Tax Department has not prescribed any limits on filing revised returns.

Concealing health details may help secure a policy, but it can derail claims later. Why full disclosure-not approval-is the real test of a successful health insurance plan.

The article highlights tax benefits for various loans, focusing on home loans, education loans, vehicle loans, and personal loans. 

India will host weddings worth ₹6.5 trillion this year, yet few couples insure them. High costs, rare mishaps, and confusing exclusions keep wedding insurance on the sidelines.

Many NRIs are unsure about the tax implications of operating family accounts. Heres clarity on beneficial ownership rules and key reporting requirements.

Income Tax Refund Rule: If your ITR does not get processed by 31 December 2026, or within the relevant deadline for previous assessment years, the CPC has to forfeit its right to the ITR.

While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR filing can be corrected. Under Section 139(5) of the Income Tax Act, 1961, taxpayers are given th...

A personal loan default can lead to legal action, but timely communication, repayment planning, restructuring options and understanding recovery rules can help borrowers reduce risk and protect credit health.

Income Tax Refund LIVE Updates: The income tax department has reportedly started sending bulk SMS and emails to taxpayers, saying that their refunds had been put on hold due to risk management measures.