New rules allow taxpayers to file revised income tax returns until March 31 for a fee. This extension, effective from April 1 ...
Moving beyond rate-centric reforms, the government has focused on re-designing the compliance lifecycle spanning original ...
Budget 2026 introduces a New Income Tax Act effective April 1, 2026, with staggered ITR filing deadlines and reduced TCS on ...
The Finance Bill, 2026 proposes revised return-filing timelines to give taxpayers more preparation time. Non-audit business ...
From April 1, 2025, taxpayers earning up to ₹12 lakh can enjoy zero income tax under the new tax regime, following a higher ...
In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced a three-month extension for filing ...
If implemented it will lead to reduced compliance burden, lower cost of tax filing, and significant savings in time and effort.
Sitharaman said, "I propose to extend time available for revising returns from 31st December to up to 31st March with the ...
Can you file ITR-1 after staying abroad for more than six months? Learn how residential status under the Income-Tax Act affects ITR-1 eligibility for returning NRIs.
The Union Budget 2026-27 has brought significant updates for taxpayers, with Finance Minister Nirmala Sitharaman announcing ...