The Earned Income Credit can reduce your tax liability and provide a refund. Learn about the updated AGI limits, QC rules and common pitfalls.

Tax audit deadline 2025: October 31, 2025 is the new cut-off date for eligible taxpayers, including specific individuals, to file their income tax audit reports. This has been extended from the ...

If taxpayers fail to get their accounts audited and do not furnish the audited report, they will have to pay Rs 75,000 for a delay of up to a month for which such failure continues, and a fee of Rs ...