Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only ...

President Donald Trump's signature tax package, branded the Big Beautiful Bill, is about to make charitable giving less ...

More than 73 lakh taxpayers are still waiting for their income tax returns to be processed for AY 2025-26. With December 31 ...

The Income Tax Department is alerting taxpayers about potential errors in their tax deduction claims. Through a NUDGE ...

The Income Tax Department is alerting taxpayers about incorrect deduction and exemption claims. Salaried individuals who ...

Campaign uses data analytics to prompt voluntary corrections of ineligible deduction claims, with a Dec 31 deadline to avoid ...

Opportunity Given to Fix Returns: Analytics spotted questionable donation deductions and other exemptions. Taxpayers can ...

The risk management alert is a cautionary prompt, not a notice. Taxpayers need revised ITRs only if mismatches exist. Those with correct claims can wait as refunds resume after verification.

According to a release from the Central Board of Direct Taxes, the campaign enables taxpayers to make voluntary corrections ...

The Income Tax Department is reportedly sending alerts to taxpayers for AY 2025-26, placing refunds on hold due to ITR discrepancies. This has led to confusion as the deadline for filing revised ...

The CBDT has initiated a data-driven campaign aimed at the 2025–26 assessment year, encouraging taxpayers to review their ...

New tax changes from OBBBA in 2026 could significantly impact charitable deductions by altering how donors give.