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 ...

With the December 31 deadline for filing revised income tax returns now over, many taxpayers who later spot missed income or ...

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 ...

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

Income-tax Rules 2026: In Budget 2026, Finance Minister Nirmala Sitharaman announced that the government would implement the new rules from April 1, 2026. This means that filing taxes from this year ...

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

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

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

Taxpayers would continue to use existing income tax return (ITR) forms to report income for 2025-26 (FY26), even as revamped ...

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

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