In her Budget speech, Finance Minister Nirmala Sitharaman announced two major compliance-friendly measures which are ...

In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced a three-month extension for filing ...

New rules allow taxpayers to file revised income tax returns until March 31 for a fee. This extension, effective from April 1 ...

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

From April 1, 2025, taxpayers earning up to ₹12 lakh can enjoy zero income tax under the new tax regime, following a higher ...

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

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 ...

Taxpayers also get more flexibility to correct mistakes: the time limit to file a revised return has been increased from 9 ...

The amount of the income tax refund is equal to the excess tax paid, which is not taxable and cannot be considered income.

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