After Budget 2026, correcting past income tax mistakes has become significantly more expensive. Under the updated return (ITR ...

Moving beyond rate-centric reforms, the government has focused on re-designing the compliance lifecycle spanning original ...

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

ITR Filing: Millions of taxpayers across India are gearing up for the approaching income tax return (ITR) filing deadline, which is 15 September. Filing ITR is only half the job done. Once the ...

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

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

Revised Return: Since the Union Budget 2026 was presented, there has been a heated discussion among salaried employees and ...

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

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

Union Budget 2026 delivers major middle-class relief by extending ITR filing deadlines to March 31, cutting overseas ...

With the December 31 deadline for filing revised income tax returns now over, many taxpayers who later spot missed income or ...

It is proposed to extend the prescribed time limit for filing a revised return from the existing nine months to twelve months ...