The Finance Bill, 2026 proposes extending the revised return filing window to twelve months. This gives taxpayers more time to correct mistakes, even after filing belated ...
Taxpayers also get more flexibility to correct mistakes: the time limit to file a revised return has been increased from 9 ...
Non-audit tax filers gain three additional months to file revised returns, plus a one-time foreign asset disclosure scheme ...
FM Nirmala Sitharaman presented her ninth Budget today. During her speech, she made a key income tax announcement on filing ...
Moving beyond rate-centric reforms, the government has focused on re-designing the compliance lifecycle spanning original ...
Union Budget 2026 brings major income tax changes, including a new Income Tax Act from April 1, extended deadlines for revised returns, lower TCS rates and new exemptions aimed at easing taxpayer ...
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Revised return: Made a mistake while filing your ITR? The government has given you time until March 31st, but keep this in mind.
Revised Return: Since the Union Budget 2026 was presented, there has been a heated discussion among salaried employees and ...
One of the key changes proposed is the extension of the revised Income Tax Return (ITR) filing deadline. The FM has proposed to shift the last date for filing revised returns to March 31 from the ...
Will FM Sitharaman phase out the old tax regime? Check the latest slab rates under new tax regime vs old tax regime.
The new law aims to replace the long-standing Income Tax Act, 1961, with clearer language, simpler rules, and easier ...
The Income-tax Act, 2025 replaces the 1961 law from April 2026 with simplified rules, redesigned forms, and automated compliance, marking a structural reset of India’s tax ...
Finance Minister Nirmala Sitharaman on Sunday, February 1, proposed to increase the time limit for filing the revised income ...
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