ITR Filing Due Date Extension: The deadline to file your income tax return (ITR) ends today, 15 September, with the income tax department confirming in a post on X that there will be no extension to ...
Finance Minister Nirmala Sitharaman has proposed extending the deadline for revising income tax returns from December 31 to March 31, allowing for a nominal fee. This change aims to address issues ...
Missed filing your ITR ? The deadline may be over, but the law still gives you a chance to come clean with extra cost. Today's Ask Wallet Wise query decodes how to file the missed return for FY25 The ...
The amount of the income tax refund is equal to the excess tax paid, which is not taxable and cannot be considered income.
Union Budget 2026 delivers major middle-class relief by extending ITR filing deadlines to March 31, cutting overseas ...
In her Budget speech, Finance Minister Nirmala Sitharaman announced two major compliance-friendly measures which are ...
Budget 2026 may introduce optional joint ITR filing for married couples. Here’s what the proposal means, how tax slabs may change, and expert views from Sajal Goell and Nupur Gupta.
Income Tax Return: Under the new tax regime, the effective threshold may start from Rs 3 lakh for some, but mandatory filing applies if income crosses the exemption.
In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced a three-month extension for filing ...
After Budget 2026, correcting past income tax mistakes has become significantly more expensive. Under the updated return (ITR ...
Budget 2026 significantly softens penalties for income tax defaults. The jail term for failing to file ITR with tax exceeding ...
For the majority of individual taxpayers, the July 31 due date remains unchanged. Salaried employees and those filing ITR-1 ...