Budget 2026 introduces a New Income Tax Act effective April 1, 2026, with staggered ITR filing deadlines and reduced TCS on ...

FM proposes retaining July 31 deadline for ITR-1 and ITR-2, extends timelines for revisions and non-audit cases.

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.

Sitharaman said, "I propose to extend time available for revising returns from 31st December to up to 31st March with the ...

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 Union Budget 2026 has delivered long-awaited clarity for millions of taxpayers by removing confusion around income tax ...

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

The Finance Ministry has extended the deadline for revising income-tax returns to March 31, 2026, with a fee. The original ...

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

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

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

Non-audit tax filers gain three additional months to file revised returns, plus a one-time foreign asset disclosure scheme ...