While some refunds may get issued earlier, large refunds may get delayed due to various discrepancies in the ITR filing. There’s a high probability that many taxpayers have not received their income ...

Income Tax Refund Delay: Many taxpayers have been waiting for a while now as their income tax refund for FY 2024-25 (Assessment Year or AY 2025-26) has been delayed than usual, despite filing the ITR ...

The Central Board of Direct Taxes (CBDT) chairman on Monday shared an important update regarding the delays in income tax refunds for the financial year 2024-2025. He also informed that the tax ...

Many income taxpayers are facing a problem that, despite filing their Income Tax Return (ITR) on time, the status is being reflected as ‘Processed,’ with the refund yet to be credited to the account.

ITR forms for income earned in the current fiscal will continue to be issued under the existing Income Tax Act, 1961. The Income Tax department has advised taxpayers to revise their Income Tax Returns ...

A crucial deadline is approaching for taxpayers. After December 31, 2025, it will no longer be possible to file a revised ...

Tom Bowen is a senior editor who loves adventure games and RPGs. He's been playing video games for several decades now and writing about them professionally since 2020. Although he dabbles in news and ...

The standard deduction has been super-sized for seniors. Starting with 2025 federal returns (filed in 2026), taxpayers 65 and older can claim an additional $6,000 without itemizing, thanks to tax ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in ...

Angelica Leicht is a seasoned personal finance writer and editor with nearly two decades of experience but just one goal: to help readers make the best decisions for their wallets. Her expertise spans ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Vikki Velasquez is a researcher and writer who has managed, ...

Getting out of debt is probably the most common financial goal people set for themselves. While debt settlement companies can negotiate with your creditors, most don't work with tax debt. Tax relief ...