Filing your tax return starts with choosing the correct ITR form. The Income Tax Department has released the income tax return (ITR) forms for Financial Year 2024-25 (Assessment Year 2025-26). Are you ...
New income tax rules for 2026-27 propose redesigned ITR forms with more pre-filled details, aiming for simplification. Eligibility criteria for simplified forms like ITR-1 and ITR-4 have been adjusted ...
Experts expect fewer irrelevant disclosures, better system stability and smoother reconciliation with AIS in FY26 returns ...
India's income tax system is about to enter a new era. The government is preparing to implement the Income Tax Act, 2025, ...
For the majority of individual taxpayers, the July 31 due date remains unchanged. Salaried employees and those filing ITR-1 ...
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 ...