ITR Filing 2026: No job, no salary? Here's why you may still want to file income tax return

Even if your income is below taxable limits, filing an Income Tax Return (ITR) offers significant future benefits for students and the unemployed. An ITR serves as crucial proof of income for loans, scholarships, and visa applications. It also allows for claiming refunds on excess Tax Deducted at Source (TDS) and builds a credible financial history for major transactions. Starting this habit early, with simplified online processes, is highly recommended.