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 ...

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 ...

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

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 ...

Budget 2026 has quietly changed how EPF-related deductions are linked to the income tax return (ITR) filing timeline. 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 ...

The Union Budget 2026–27 maintains income tax rates, simplifying compliance with redesigned forms and extended filing ...

Budget 2026 brings major relief to taxpayers by allowing revised and updated ITR filing, reduced penalties, and immunity from ...

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

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