ITR Filing: The last date for filing the Income Tax Return,, ITR) is approaching. If you are employed and are preparing to file ITR for Assessment Year 2025-26 for the financial year 2024-25, then it ...

Budget 2026 proposals will allow taxpayers to file updated returns to reduce claimed losses, provided specific conditions are ...

From April 1, 2026, India’s new Income-tax Act, 2025 will reshape how taxpayers file their returns. While ITR-1 to ITR-7 remain, the draft Income-tax Rules, 2026 tighten eligibility for simplified ...

Union Budget 2026 delivers major middle-class relief by extending ITR filing deadlines to March 31, cutting overseas ...

From April 1, 2025, taxpayers earning up to ₹12 lakh can enjoy zero income tax under the new tax regime, following a higher ...

The amount of the income tax refund is equal to the excess tax paid, which is not taxable and cannot be considered income.

After Budget 2026, correcting past income tax mistakes has become significantly more expensive. Under the updated return (ITR ...

New rules allow taxpayers to file revised income tax returns until March 31 for a fee. This extension, effective from April 1 ...

Finance Minister Nirmala Sitharaman clarified this during her Budget speech, saying that only specific taxpayers would get extra time, while most individuals would continue to follow the existing ...