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Filing of income tax returns made easier for salaried taxpayers

The New Indian Express Kalaburagi

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May 01, 2025

GOOD news for salaried taxpayers! The government has made tax filing easier for those earning up to ₹1.25 lakh through long-term capital gains from equities or equity mutual funds.

- DIPAK MONDAL @New Delhi

Earlier, salaried individuals with income from capital gains were required to file Form ITR-2 even where the capital gains were non-taxable.

From this year, the new Form ITR-1 has a small section for reporting long-term capital gains on which tax is not payable.

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