Taxpayers also get more flexibility to correct mistakes: the time limit to file a revised return has been increased from 9 ...
Taxpayers should consider ITR-U if they omitted income, wrongly claimed deductions or exemptions, or made reporting errors ...
For the majority of individual taxpayers, the July 31 due date remains unchanged. Salaried employees and those filing ITR-1 ...
Budget 2026 proposals will allow taxpayers to file updated returns to reduce claimed losses, provided specific conditions are ...
In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced a three-month extension for filing ...
From April 1, 2025, taxpayers earning up to ₹12 lakh can enjoy zero income tax under the new tax regime, following a higher ...
Finance Minister Nirmala Sitharaman clarified this during her Budget speech, saying that only specific taxpayers would get ...
Revised Return: Since the Union Budget 2026 was presented, there has been a heated discussion among salaried employees and ...
With the December 31 deadline for filing revised income tax returns now over, many taxpayers who later spot missed income or ...
Moving beyond rate-centric reforms, the government has focused on re-designing the compliance lifecycle spanning original ...
It is proposed to extend the prescribed time limit for filing a revised return from the existing nine months to twelve months ...
Budget 2026 may introduce optional joint ITR filing for married couples. Here’s what the proposal means, how tax slabs may change, and expert views from Sajal Goell and Nupur Gupta.