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

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 ...

​With data analytics tightening the tax net, salaried taxpayers are increasingly facing income tax notices over small mismatches flagged through AIS/TIS and NUDGE alerts. Budget 2026 aims to ease this ...

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

In keeping with the spirit of Jan Vishwas, ease of living, and to reduce the burden of litigation and compliance, Budget 2026 ...

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

From the rollout of the Income Tax Act, 2025 to extended deadlines, foreign asset disclosures, and changes impacting investors, here are the top 10 income tax announcements in Budget 2026, with a ...

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

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 ...

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

As tax time rolls around, many states are encouraging people to donate in their state income tax returns to help non-game ...

The broader objective of the new law and rules is to widen the tax base while simplifying compliance. While nearly 9 crore ...