In her Budget speech, Finance Minister Nirmala Sitharaman announced two major compliance-friendly measures which are ...
In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced a three-month extension for filing ...
Taxpayers also get more flexibility to correct mistakes: the time limit to file a revised return has been increased from 9 ...
Revised Return: Since the Union Budget 2026 was presented, there has been a heated discussion among salaried employees and ...
Moving beyond rate-centric reforms, the government has focused on re-designing the compliance lifecycle spanning original ...
Budget 2026 significantly softens penalties for income tax defaults. The jail term for failing to file ITR with tax exceeding ...
Union Budget 2026 proposes extending the deadline for filing revised income-tax returns to March 31 from December 31, as FM ...
The Budget 2026 introduces significant penalties for correcting past income-tax errors with the updated Income Tax Return (ITR-U) provisions.
From April 1, 2025, taxpayers earning up to ₹12 lakh can enjoy zero income tax under the new tax regime, following a higher ...
Non-audit tax filers gain three additional months to file revised returns, plus a one-time foreign asset disclosure scheme ...