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The income-tax department has launched online forms for ITR-1 to ITR-4 for FY 2025-26. Taxpayers can file returns by July 31 through the e-filing portal. Certain income types, like business profits and capital gains, are excluded from ITR-1, and late fees may apply if filed late.

Income-tax returns: Here's how to avail the Pay at Bank Counter option available to all taxpayers on the e-filing portal. Taxpayers can select this service while generating the Challan Form. Here's all you need to know

ITR-3 is for individuals and HUFs reporting business or professional income, as well as income from salary, house property, capital gains or other sources. ITR-4 is for resident individuals, HUFs and firms (other than LLPs) that opt for the taxation scheme under Sections 44AD, 44ADA or 44AE.

Across all 28 dates studied, average 10-year SIP returns ranged narrowly between 13.36% and 13.42%, indicating that the timing of a monthly SIP has no impact on long-term investment performance. 

A mutual fund factsheet is published by an Asset Management Company (AMC) every month. It provides a snapshot of a scheme's performance, portfolio, and risk metrics. It helps investors understand how the fund is managed and how it has performed over time.

The Nifty India Internet Index tracks the performance of companies that primarily operate through digital and online platforms. The index currently includes 27 stocks, offering exposure to a diverse range of internet-driven businesses.

International mutual funds delivered some of the strongest returns in the industry over the past year, led by Taiwan and Asian market exposure. Yet many of the category's top-performing schemes remain closed or restricted for fresh investments.

Income-tax returns: Want to clear your taxes online? Here are the tax payment modes under ePay Tax, explained. We explain the unified ePay Tax service, eligibility, rules and stepwise guide for pre-login and post-login process.

Large cap funds are required to invest at least 80% of their assets in large-cap stocks. The two big names in this category are ICICI Prudential Large Cap Fund and SBI Large Cap Fund. 

Taxpayers can correct mistakes in their income tax return by filing a revised return without facing penalties. The deadline for revisions is now extended to March 31 of the following year. 

Arbitrage funds are a type of hybrid mutual fund that aims to generate returns by taking advantage of price differences in the cash and futures markets. These funds must invest at least 65% of their assets in equities and equity-related instruments while following an arbitrage strategy.

According to Mrinal Mehta, Joint Secretary at the Bombay Chartered Accountants' Society (BCAS), the growing number of revised returns is largely driven by the continuous updating of taxpayer information in the reporting systems.

The Income-Tax Department has introduced key changes in how taxpayers report income using the ITR-4 form this tax year and two of these updates are related to income generated from rent. We answer your top FAQs