Budget 2026 introduces significant changes to income tax filing from April 1, 2026. Revised ITR forms will simplify ...

Income Tax Return: Under the new tax regime, the effective threshold may start from Rs 3 lakh for some, but mandatory filing ...

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

Income Tax Department has sped up the process of crediting ITR refunds to taxpayers accounts. These also include high-value refunds. Taxpayers can check the status of their refunds through the ...

According to the new rules, you will be able to claim your TDS refund even if you file your income tax return late.

Union Budget 2026-27 extends ITR revision deadline to March 31 with a nominal fee, announced by Nirmala Sitharaman.

Finance Minister Nirmala Sitharaman has proposed to increase time limit for filing revised income tax return (ITR) from December 31 to March 31 with nominal fee.

This proposal is important as excess tax deduction at source (TDS) creates liquidity challenges for small taxpayers. They have to wait for refunds after filing their returns. For instance, a ...

India's income tax system is about to enter a new era. The government is preparing to implement the Income Tax Act, 2025, from April 1, 2026. This will replace the nearly six-decade-old Income Tax Act ...

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 ...

Programs that offer free basic income tax return preparation for low- to moderate-income families and older adults are available for people, though assistance varies by region and volunteers.

Ahead of the parliamentary election, the National Board of Revenue (NBR) has extended the deadline for individual taxpayers ...