The "Where is my refund?" tool is an IRS tracking system for filers to get updates on the status of their tax refund. Those looking to keep an eye on their money can log in online or via the IRS2Go ...

No hike has been announced in the Section 80C deduction limit in Budget 2025. Deduction under Section 80C of the Income Tax Act is available under the old tax regime only. For the upcoming fiscal year ...

In a historic announcement, the finance minister announced that there will be no income tax payable for those with an income upto ₹12 lakh.

Tax season is underway, and the IRS expects 140 million people will file returns by April 15. The agency has also debuted a ...

In a huge announcement, FM Nirmala Sitharaman has announced zero income tax under the new tax regime; check tax slabs and rate ...

Check the key income tax changes in Budget 2025, including revised tax slabs, updated standard deduction limits, and major tax policy announcements impacting taxpayers.

During the Union Budget 2025 speech, Finance Minister Nirmala Sitharaman announced that people earning up to Rs. 12 lakh will ...

Experts suggest that 'Modi 3.0' may introduce measures to make the new income tax regime more appealing to taxpayers.

Learn about the new and old tax regimes, including tax rates and surcharges applicable to various income levels.

When you do file can impact when you receive your refund, the IRS explains. Generally, most refunds will be issued in 21 days or less. Paper returns can take longer, though. The IRS warns against ...

Budget 2025 saw major income tax changes with FM Nirmala Sitharaman announcing new income tax slabs and income tax ...