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

Budget 2026 significantly softens penalties for income tax defaults. The jail term for failing to file ITR with tax exceeding ...

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

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

ITR Late Fee Charges: Today is the last day to file the Income Tax Return (ITR). Every time the date for this is 31st July. But this time the government has extended this deadline to 15th September.

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

For individual taxpayers filing ITR-1 and ITR-2, the original due date will remain 31 July, ensuring that salaried ...

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

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 ...

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