Income Tax Filing 2025: ITR-2 and ITR-3 Forms Activated — Know Who Should Use These and What’s New This Year In a significant update for taxpayers, the Income Tax Department has activated the Excel ...

For millions of taxpayers, Budget 2026-27 has quietly changed how and when income tax returns (ITRs) must be filed. While there was no change in tax slabs, the government has redrawn ITR timelines, ...

After the presentation of Union Budget 2026, the government, through the Finance Bill, 2026, has clarified the provisions relating to the filing of Updated Income Tax Returns (ITR-U) under the ...

The basic exemption limit was raised to Rs 4 lakh, and a Rs 75,000 standard deduction applies for salaried individuals, potentially pushing the zero-tax income limit to Rs 12.75 lakh. Following the ...

In good news for taxpayers, the deadline to file a revised income tax return (ITR) has been extended. Taxpayers can now file revised returns until March 31 of the relevant assessment year, instead of ...

India's income tax system is about to enter a new era. The government is preparing to implement the Income Tax Act, 2025, from April 1, 2026. This will replace the nearly six-decade-old Income Tax Act ...