Budget 2026 reshapes taxation of unexplained income. Self-reporting undisclosed income now attracts a 30% tax rate. This is a ...

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 ...

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

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

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

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

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

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

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

The Income Tax Department is expected to release updated Income Tax Return (ITR) forms for the financial year 2025–26 in the ...