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Why should I file income tax returns?

If you have earned income, which is more than the minimum exempt slab during the year then you must pay tax. For men the minimum exempt slab is Rs 150,000 and Rs 180,000 for women.

FAQs:

Can anyone else sign the form on my behalf?
Do I need to pay tax on gifts received?
If I have paid more tax when filing my returns, will it be refunded?
Is the income tax act applicable only to residents?
What are receipts? Are all receipts considered as income?
What are the benefits of filing my income tax returns?
What are the charges if I file income tax returns after the due date?
What documents do I need to file my income tax return?
What happens if the form is not signed properly?
What is assessment year? What is the difference between assessment and previous year?
What is considered as income?
What is income tax?
What is the last date for filing your income tax returns?
What is the period for which my income is calculated?
What should I keep in mind while filing my returns?
Where do I file my income tax returns?
Which ITR Form is applicable to me?
Who are my relatives?
Who is a resident of India?
Why should I file income tax returns?
Why should I pay income tax?

Taxes

Why should I file income tax returns?

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