Budget 2026 introduces significant changes to income tax filing from April 1, 2026. Revised ITR forms will simplify ...
According to the new rules, you will be able to claim your TDS refund even if you file your income tax return late.
Union Budget 2026-27 extends ITR revision deadline to March 31 with a nominal fee, announced by Nirmala Sitharaman.
In her Union Budget 2026 speech on February 1, FM Nirmala Sitharaman had said, “The simplified Income Tax Rules and Forms will be notified shortly, giving adequate time to taxpayers to acquaint ...
Finance Minister Nirmala Sitharaman has proposed to increase time limit for filing revised income tax return (ITR) from December 31 to March 31 with nominal fee.
Union Budget 2026 introduces a new Income Tax Act from April 1, 2026, with simplified rules. Key changes include reduced TCS rates on overseas tour packages and LRS remittances for education/medical.
This proposal is important as excess tax deduction at source (TDS) creates liquidity challenges for small taxpayers. They have to wait for refunds after filing their returns. For instance, a ...
The Union Budget 2026 has delivered long-awaited clarity for millions of taxpayers by removing confusion around income tax ...
With the Union Budget 2026, the Centre aims to create a more taxpayer-friendly environment while reducing the complexities historically linked with the Indian tax system ...
Several others, however, alleged that the budget lacked concrete measures to tackle unemployment and alleviate the distress ...
The old tax regime refers to the income tax calculation and slabs that existed before the introduction of the new tax regime ...
Union Budget 2026: FM Nirmala Sitharaman announces a new automated scheme for small taxpayers in the FY27 Budget, enabling ...