ITR INCOME TAX

Can You Stop Filing ITR If Your Income Is Below Rs 12 Lakh?

In the Union Budget 2025, the government introduced significant changes that provide relief to taxpayers, including increasing the income rebate under Section 87A from ₹25,000 to ₹60,000. The basic income exemption limit has also been raised to ₹4 lakh. However, individuals earning less than ₹4 lakh or between ₹4 lakh...