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

India is progressing towards fully automated Income Tax Return filing. Significant steps have already been taken to simplify ...

India's tax system is progressing towards automated Income Tax Return filing with pre-filled forms and consolidated financial ...

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

As part of the changes, the tax filing deadline for non-audit trusts has been extended to August 31, while the due date for salaried taxpayers remains unchanged at July 31.

As Finance Minister Nirmala Sitharaman presents Union Budget 2026–27, taxpayers and experts are urging the government to ...

If implemented it will lead to reduced compliance burden, lower cost of tax filing, and significant savings in time and effort.

​​The redesigned income tax return forms will be notified shortly, with the govt promising simpler language and layouts that allow ordinary taxpayers to comply without professional assistance. The FM ...

The Institute of Chartered Accountants of India (ICAI) has proposed introducing optional joint taxation for married couples ...

For many Indians returning home after extended periods overseas, one recurring tax-season question is whether they can file their income tax return using ITR-1 if they have spent more than 182 days ...