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IRS TAX DEMANDS
Filing ITR? Don’t ignore the ‘nature of employment’ field; it can affect NPS & retirement tax benefitsThe "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, incl...- RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savingsFor the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.
- She became blind at the age of 5. However, that didn’t stop her from cracking UPSC. Who is Poorna Sundari?Poorna Sundari, who lost her vision at five, defied all odds to achieve an All India Rank of 286 in the 2019 UPSC Civil Services Examinatio...
- Trump's allies have another plan to pay 'weaponisation' victimsFormer President Trump's allies are now looking at a 1946 law to pay supporters. This comes after a planned "weaponization" fund was droppe...
- Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...
- ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...
- Pension is salary, family pension is not: Key tax rules pensioners must know before filing ITR for AY 2026-27Pension and family pension are taxed differently under the Income-Tax Act, yet many taxpayers continue to confuse the two while filing retu...
- Filing your ITR early for AY 2026–27? Why you should wait till June 15With the utilities for ITR filing for AY 2026–27 being available now, many taxpayers are planning to file their returns early. However, inc...
- Is tax clearance mandatory before foreign travel? What the Income-Tax Act, 2025 saysThe introduction of Form 157 and Form 159 under the Income-Tax Rules, 2026 has sparked confusion over whether tax clearance is now mandator...
- Tax return postmark rules 2026: 1-day delay risk— Will mailing taxes last minute make your IRS filing late?A 1-day delay can now make your return late. The tax return postmark rules 2026 have changed how the IRS reads mailing dates. Many taxpayer...
- Income tax staff warn of nationwide agitation in April-May: 'Pushed to the brink’ over work pressure, delayed promotionsTwo major Income Tax Department employee associations, representing nearly 97% of the workforce, have warned of a seven-stage nationwide ag...
- Tax extension 2026: Pros and cons of filing after April 15 explained in simple termsTax deadline is April 15, but people can request an extension to October 15 if they need more time. An extension may help avoid penalties, ...
- IRS surprise move: New service announced for millions of taxpayers nationwideMillions of Americans are racing toward the April 2026 tax deadline. The IRS announces special service for millions of taxpayers nationwide...
- Tax refund not coming? IRS red flags worrying factors, here are Do's and Don'ts for taxpayers while filingTax filing in U.S.: IRS releases every year its "Dirty Dozen" of tax scams that target taxpayers. At the top of the list is impersonation o...
- Are you ready for your refund? IRS issues new update before April 15 deadlineIRS tax deadline 2026: About 55 million Americans have already filed taxes in 2026, but many still risk missing the IRS tax deadline April ...
- IRS $1,390 Stimulus check February 2026: Has congress approved new federal payments or are viral refund rumors misleading taxpayers?Zero new $1,390 stimulus check is approved for February 2026. The Internal Revenue Service confirms no new federal stimulus payment exists....
- Michael Jackson’s $778 million empire at risk — lawsuits and scandals could wipe it all outMichael Jackson's vast fortune is under threat. Lawsuits alleging sexual abuse seek huge damages. The IRS claims significant unpaid taxes. ...
- Trump wants to strip Harvard University of its tax-exempt status after freezing its funds. But is it possible?The Trump administration and the Harvard University are locked in bitter battle. President Trump has called Harvard 'worst and most incompe...
- Trump picks a Hunter Biden whistleblower to temporarily lead the IRSGary Shapley, an IRS agent critical of the Hunter Biden tax investigation, has been appointed as acting commissioner. This decision follows...
- IRS Stimulus Check: Find out if you qualify for a $1,400 payment | Eligibility criteriaThe IRS has been encouraging eligible taxpayers to file their 2021 tax returns as soon as possible to claim their stimulus payment before t...
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