In her Budget speech, Finance Minister Nirmala Sitharaman announced two major compliance-friendly measures which are ...
Budget 2026 introduces significant changes to income tax filing from April 1, 2026. Revised ITR forms will simplify ...
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 ...
In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced a three-month extension for filing ...
After Budget 2026, correcting past income tax mistakes has become significantly more expensive. Under the updated return (ITR ...
New Delhi: The government has extended the deadline for revising Income Tax Returns (ITRs) till March 31 of the relevant ...
From April 1, 2025, taxpayers earning up to ₹12 lakh can enjoy zero income tax under the new tax regime, following a higher ...
For the majority of individual taxpayers, the July 31 due date remains unchanged. Salaried employees and those filing ITR-1 ...
Taxpayers also get more flexibility to correct mistakes: the time limit to file a revised return has been increased from 9 ...
The amount of the income tax refund is equal to the excess tax paid, which is not taxable and cannot be considered income.
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