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 ...

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

Can you file ITR-1 after staying abroad for more than six months? Learn how residential status under the Income-Tax Act affects ITR-1 eligibility for returning NRIs.

In her Union Budget 2026 speech, Nirmala Sitharaman said the deadline for filing ITR-1 and ITR-2 will continue to be July 31.

While Finance Minister Nirmala Sitharaman hasn’t introduced any changes to the Income tax slabs in the Budget 2026, ...

For individual taxpayers filing ITR-1 and ITR-2, the original due date will remain 31 July, ensuring that salaried ...

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

A vital aspect of your legal obligation as a taxpayer in India is to submit an Income Tax Return. There are various types of ITR forms provided by the Indian Income Tax Department depending on how ...

Income Tax Dept is now tracking foreign assets & income using global data sharing (CRS/FATCA). If your ITR doesn’t match that data, you’re on their radar. “Got SMS/Email from Income Tax Dept on ...

The clock is ticking for taxpayers in India as September 15, 2025, marks the final day to file the Income Tax Return (ITR) for the financial year 2024–25 (assessment year 2025–26). If you haven’t ...