From new ITR forms to the replacement of Form 16 with Form 130, income tax filing is set to change from April 1, 2026. Here’s ...
If you missed filing your Income Tax Return (ITR) this year, don’t panic just yet. The Income Tax Department still allows taxpayers to file a belated return until December 31, 2025. However, there are ...
Missed reporting income or made errors in your ITR? Taxpayers can still correct mistakes using ITR-U. With March 31 ...
The income tax laws allow a person to file a revised Income Tax Return (ITR) by December 31, in case the taxpayer finds some ...
Income earned in FY 2025-26 (April 1, 2025 to March 31, 2026) will continue to be governed by the Income Tax Act, 1961 and ...
Certain financial tasks, including PPF, SSY, NPS contributions, investment declaations, ITR(U) submissions and PAN compliance ...
A step-by-step ITR filing guide for salaried individuals for FY 2024-25, including key forms, tax regime choices, document checklist, offline utility details, and the new extended filing deadline.
The government’s move to replace the six-decade-old income-tax rules, 1962 with a new framework from April 2026 is set to ...
The Income Tax Department has identified 63,000 restaurants for potential income under-reporting. A nationwide survey ...
The Union Budget 2026 introduces amendments to the Income Tax Act in order to simplify compliance for taxpayers. Here is a ...
Tax experts say reporting gaps often arise due to misunderstanding of disclosure rules, reporting timelines, and the ...
Raghav Chadha, MP from the Aam Aadmi Party, spoke in the Rajya Sabha during the debate on the Union Budget, presenting ...