In her Budget speech, Finance Minister Nirmala Sitharaman announced two major compliance-friendly measures which are ...

In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced a three-month extension for filing ...

Finance Minister Nirmala Sitharaman has proposed extending the deadline for revising income tax returns from December 31 to March 31, allowing for a nominal fee. This change aims to address issues ...

Taxpayers should consider ITR-U if they omitted income, wrongly claimed deductions or exemptions, or made reporting errors ...

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

Moving beyond rate-centric reforms, the government has focused on re-designing the compliance lifecycle spanning original ...

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

For the majority of individual taxpayers, the July 31 due date remains unchanged. Salaried employees and those filing ITR-1 ...

New Delhi: The government has extended the deadline for revising Income Tax Returns (ITRs) till March 31 of the relevant ...

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

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 ...