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 ...

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

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

It is proposed to extend the prescribed time limit for filing a revised return from the existing nine months to twelve months ...

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

Dear Savvy Senior, What are the IRS income tax filing requirements for retirees this tax season? I didn’t file a tax return ...

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 ...

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

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 ...

Non-audit tax filers gain three additional months to file revised returns, plus a one-time foreign asset disclosure scheme ...

The Kenya Revenue Authority (KRA) has restored the nil tax return filing option after completing system validations aimed at strengthening tax compliance ahead of the 2025 income tax return cycle, ...

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