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 what taxpayers should know.
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 mistakes or omissions.
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.
Budget 2026 introduces major tax rule changes from April 2026 including the new Income Tax Act 2025, TCS revisions, STT hike, revised ITR deadlines and buyback taxation changes.
The Income Tax Department has identified 63,000 restaurants for potential income under-reporting. A nationwide survey revealed suppression of sales amounting to Rs 408 crore. Restaurants are urged to ...
The Union Budget 2026 introduces amendments to the Income Tax Act in order to simplify compliance for taxpayers. Here is a list of crucial changes for Indian taxpayers that could impact an ...
The government’s move to replace the six-decade-old income-tax rules, 1962 with a new framework from April 2026 is set to ...