Filing income tax returns can be a stressful affair, especially for first-time taxpayers. With the income tax deadline of July 31 looming, here’s what you need to know about filing your tax returns this year

CBDT chairman Ravi Agarwal expressed confidence in exceeding the Rs 22.07 lakh crore direct tax collection target for FY25, citing strong growth in corporate and non-corporate tax revenues. He also urged taxpayers to disclose foreign assets before the December deadline