ITR:2025 Shocking ITR 2025 Rules Every Salaried Person Must Follow!
Filing your Income Tax Return (ITR) in 2025? If you are a salaried employee, you must keep these 7 important points in mind before submitting your return. These tips will help you choose the right tax regime, collect the right documents, and avoid mistakes whiel filing ITR 2025.
Salaried? Know these 7 key ITR 2025 tips before filing. From tax regime to ITR forms, avoid mistakes with this simple income tax guide.
1. Choose the Right Tax Regime
You can pick between the old tax regime and the new tax regime. If you want to stay with the old one, you must tell your employer at the beginning of the financial year. If you don’t inform, the new regime will be applied by default.
Follow Vijay Broadcast on WhatsApp
Follow Vijay Broadcast on Instagram
2. Get Your Form 16
This is the most important document for salaried people. Your employer gives it to you. It shows your income and the TDS (Tax Deducted at Source) paid on your behalf.
3. Check Form 26AS for TDS Details
You can check if the TDS mentioned in your Form 16 matches the details in Form 26AS. Form 26AS is a statement that shows all the TDS and TCS collected from different sources like salary, FD interest, etc.
Also Read: How much you will get after 20 Years, if you made 15,000 Rs as SIP
4. Don’t Skip Investments Just for Tax Saving
Some people stop investing if they can’t claim tax deductions. But remember, investment is important for wealth creation, not just saving tax. You can still invest in options like PPF, SSY, KVP, and NSC for long-term benefits.
5. Claim HRA the Right Way
If you get House Rent Allowance (HRA), you can claim exemption under the old tax regime. If you don’t get much HRA, then the new tax regime might be better for you.
6. Income from Stocks? File ITR-2
If you’ve earned money from the stock market, like capital gains, you need to file ITR-2 and not ITR-1. This applies even if you are a salaried employee.
7. Have More Than One House? Choose Correct Form
If you have income from one house, you can file ITR-1. But if you earn income from two or more properties, you must file ITR-2.
Filing ITR correctly is important to avoid problems later. Always double-check your forms, choose the right regime, and keep your documents ready.
READ MORE: SIP Return Calculator – How to Calculate Your SIP Returns with Step-Up SIP & Types
Follow Vijay Broadcast on WhatsApp
Follow Vijay Broadcast on Instagram