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

Taxpayers should consider ITR-U if they omitted income, wrongly claimed deductions or exemptions, or made reporting errors ...

Budget 2026 proposals will allow taxpayers to file updated returns to reduce claimed losses, provided specific conditions are ...

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

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

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.

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

FM Nirmala Sitharaman presented her ninth Budget today. During her speech, she made a key income tax announcement on filing ...

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

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

Budget 2026 significantly softens penalties for income tax defaults. The jail term for failing to file ITR with tax exceeding ...