India’s income tax system will undergo a major overhaul from April 1, 2026, according to various reports. The Income Tax ...

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

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

Missed filing your ITR ? The deadline may be over, but the law still gives you a chance to come clean with extra cost. Today's Ask Wallet Wise query decodes how to file the missed return for FY25 The ...

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 ...

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

India's income tax system is about to enter a new era. The government is preparing to implement the Income Tax Act, 2025, ...

Experts expect fewer irrelevant disclosures, better system stability and smoother reconciliation with AIS in FY26 returns ...

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

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

If your income tax refund has not been credited yet, you are not alone. The government has informed Parliament that nearly 24 ...