Finance Minister Nirmala Sitharaman clarified this during her Budget speech, saying that only specific taxpayers would get extra time, while most individuals would continue to follow the existing ...

The Finance Bill, 2026 proposes revised return-filing timelines to give taxpayers more preparation time. Non-audit business taxpayers gain an extended August ...

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

A humorous build-up where two unexpected reasons change everything.

The science pros at TKOR test whether cola can be converted into a powdered form.

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.

Budget 2026 introduces major income tax rule changes, including extended ITR revision deadlines, reduced penalties, wider ...

The Union Budget 2026, presented by FM maintains the existing income tax slabs but introduces a structural change, the Income ...

New Delhi: The government is set to release new income tax return (ITR) forms, implementing rules and detailed FAQs within ...

The Union Budget 2026 left the income tax structure unchanged, but taxpayers are once again faced with a key decision — ...

S55 Keerippatty Primary Agricultural Co-op. Credit Society Ltd. Vs ITO (ITAT Chennai) The ITAT Chennai set aside the CIT(A)’s order and held that once the ...

The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.