Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Sneha Kulkarni

Think you don't need to file an ITR for FY 25-26? These 8 benefits may change your mind

Income Tax Tax Return

Many taxpayers think that filing an Income Tax Return (ITR) is necessary only if they have to pay income tax. However, still many taxpayers are unaware that filing your ITR offers several benefits even beyond meeting a legal requirement.

Filing an income tax return can help you claim tax refunds, carry forward certain losses, improve your chances of availing loans, and strengthen chances to get visa applications approved, among other benefits.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
'Those Balls Are From Krypton?' Tom Welling Allegedly Posted a NSFW Selfie on Instagram
Tom Welling reportedly deleted an Instagram Story after an unintended reflection attracted attention online, prompting Smallville fans and former co-star Michael Rosenbaum to share Superman-themed jokes.
International Business Times UK
International Business Times UK
A battered 1677 wooden cabinet sold for $1.64 million after a key photo revealed its rarity
A small carved oak cabinet made in Salem, Massachusetts, in 1677 reached Sotheby’s as a few photographs submitted through its online portal. To an untrained eye, it might have looked like a grungy old box. Then Erik Gronning, a senior advisor in Sotheby’s American Furniture, Folk Art and Decorative Arts…
The Times of India
The Times of India
63 Hilarious And Concerning Times People Misused Quotation Marks And Made It Weird
We’ve probably all witnessed the havoc a misplaced comma can wreak on an innocent sentence. “Let’s eat, Grandma” and “Let’s eat Grandma” are one small mark apart, but only one of them sounds like a line from Hannibal Lecter. But there’s another punctuation mishap we see all the time, on…
Bored Panda
Bored Panda
73 Marriage Tweets That Prove Living With Someone Is A Daily Exercise In Accepting Weirdness
The science behind finding a partner's quirks endearing, the psychology of oversharing with strangers, and the research on couples who laugh together all point to the same conclusion: the public is not just content. It is proof of something lasting. Check out the full list of tweets to realise that…
Bored Panda
Bored Panda
The Beach Boys’ Mike Love returns to the stage despite ‘facing serious health challenges’
The 85-year-old was helped on stage by actor John Stamos, who shared an emotional message about his ‘musical hero and mentor’
The Guardian - AU
The Guardian - AU
Columbia woman spends $10 on a tiny Chipotle burrito and complains online. Then she finds out she allegedly offended the entire ‘burrito community’
That's a character-building experience.
We Got This Covered
We Got This Covered
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play