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ITR filing 2025: Minimum income requirement and who must file even if below limit

ITR filing for 2025 isn’t mandatory for everyone. But in certain financial scenarios, it becomes a legal obligation, even below income limits.

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Income Tax Return

As the Income Tax Return (ITR) filing window for assessment year 2025-26 opens, many individuals are grappling with a common question—do they need to file ITR if their income doesn’t exceed the taxable threshold? Here’s a clear breakdown of the rules governing mandatory and optional ITR filing for 2025.

Income threshold under different tax regimes

The requirement to file ITR is primarily determined by whether your income surpasses the basic exemption limit. This threshold varies depending on your age and the tax regime you choose—either the old or the new regime.

Under the old tax regime:

  • Individuals below 60 years: Rs 2.5 lakh
  • Senior citizens (60 to 80 years): Rs 3 lakh
  • Super senior citizens (above 80 years): Rs 5 lakh

Under the new tax regime:

  • All individuals: Rs 3 lakh
  • As per the Union Budget 2025 revision: The basic exemption under the new regime has been increased to Rs 4 lakh

Situations where ITR filing is mandatory even below exemption limit

Certain financial activities make ITR filing compulsory, even if the individual’s total income falls below the exemption limit:

  • Cash deposits over Rs 50 lakh in a savings account
  • Deposits exceeding Rs 1 crore in a current account (non-business account)
  • Business turnover above Rs 60 lakh in a financial year
  • Professional income exceeding Rs 10 lakh
  • Electricity bill payments totaling more than Rs 1 lakh in a year
  • TDS or TCS deductions amounting to Rs 25,000 or more (Rs 50,000 for senior citizens)
  • Foreign assets or signing authority in foreign accounts
  • Spending over Rs 2 lakh on foreign travel for self or others

Why voluntary ITR filing is still advisable

Even when not legally required, voluntarily filing your ITR can offer several financial advantages:

  • Claiming TDS refunds and avoiding income mismatches
  • Carrying forward capital losses for future set-offs
  • Providing proof of income for loan or visa applications
  • Building financial credibility for smoother access to credit or official transactions

Conclusion

While the law mandates ITR filing based on specific income thresholds and conditions, taxpayers should evaluate their financial activity carefully. Filing ITR not only ensures legal compliance but also adds long-term financial value through documentation and proof of income.

India News

Nitish Kumar’s son Nishant among 32 inducted in Bihar cabinet expansion

Nishant Kumar entered the Bihar cabinet for the first time as 32 ministers from NDA allies took oath in a major expansion of the state government.

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Bihar government cabinet

A major cabinet expansion took place in Bihar on Thursday, with 32 leaders from the ruling NDA alliance inducted into the state government. Among the prominent names was Nishant Kumar, son of former Bihar chief minister Nitish Kumar, who entered the cabinet for the first time.

The expansion included representatives from all major NDA allies in the state. According to reports, the BJP secured 15 ministerial berths, while JD(U) got 13 positions. Two ministers were inducted from Lok Janshakti Party (Ram Vilas), while Hindustani Awam Morcha and Rashtriya Lok Morcha received one berth each.

The oath-taking ceremony was held in Patna in the presence of senior NDA leaders, including Prime Minister Narendra Modi, Union Home Minister Amit Shah and Defence Minister Rajnath Singh.

Nishant Kumar’s induction comes weeks after he formally entered active politics. His entry into the Bihar cabinet is being viewed as a significant development for JD(U), which had long projected an anti-dynasty image under Nitish Kumar’s leadership.

The cabinet reshuffle follows Nitish Kumar’s move to the Rajya Sabha earlier this year and the formation of the government led by Chief Minister Samrat Choudhary.

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PM Modi marks Operation Sindoor anniversary, calls it India’s firm stand against terrorism

PM Modi said Operation Sindoor showcased India’s firm response against terrorism while paying tribute to the armed forces on the operation’s first anniversary.

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PM Modi

Prime Minister Narendra Modi on Thursday said Operation Sindoor demonstrated India’s firm response against terrorism and highlighted the country’s commitment to national security.

Marking one year of the operation, the Prime Minister praised the courage, precision and professionalism of the Indian armed forces. He said the military action was carried out in response to the Pahalgam terror attack that had claimed the lives of 26 civilians in 2025.

Operation Sindoor was launched on May 7, 2025, as a calibrated tri-services operation targeting terror infrastructure linked to cross-border terrorism. Reports said the operation showcased coordinated action by the armed forces and was seen as a major counter-terror response by India.

On the anniversary of the operation, PM Modi also changed the display pictures across his social media platforms, including X, Facebook, Instagram and WhatsApp. The image carried the text “Operation Sindoor” along with the Indian tricolour design.

The Indian Air Force also shared visuals and messages recalling the operation and highlighting India’s military response. A video released by the force described the operation as a strong message against terrorism and referred to the precision strikes carried out during the mission.

Operation Sindoor was launched following the Pahalgam terror attack, after which India carried out strikes on terror camps in Pakistan and Pakistan-occupied Kashmir, according to official statements and reports published at the time.

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India News

Vijay meets Tamil Nadu Governor again as TVK pushes to prove majority

TVK chief Vijay held another meeting with Tamil Nadu Governor Rajendra Vishwanath Arlekar as the party intensified efforts to secure majority support after emerging as the single-largest party in the Assembly elections.

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Actor vijay

Actor-turned-politician Vijay met Tamil Nadu Governor Rajendra Vishwanath Arlekar again on Thursday as his party, Tamilaga Vettri Kazhagam (TVK), continued efforts to prove it has enough support to form the next government in the state.

TVK emerged as the single-largest party in the 234-member Tamil Nadu Assembly after winning 108 seats, but it remains short of the majority mark of 118.

The Congress has extended support to TVK, adding five MLAs to Vijay’s side. However, the alliance still needs additional backing from other parties or independents to comfortably cross the halfway mark.

According to reports, the Governor has not yet been fully convinced that TVK currently has the required numbers to form a stable government. This has delayed clarity over the swearing-in ceremony and the formal invitation to form the government.

Political activity intensified after reports emerged that some AIADMK legislators were moved to a resort in Puducherry amid speculation over possible support to TVK. AIADMK leaders, however, publicly denied any internal crisis.

TVK sources have expressed confidence that the party will be able to demonstrate majority support during discussions with the Governor.

The Tamil Nadu election results marked a major political shift in the state, with TVK breaking the long-standing dominance of the DMK and AIADMK in its first Assembly election contest.

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