In early January, the IRS announced that the first day for filing 2025 tax returns would be today, Monday, Jan. 26, 2026. If ...

It is proposed to extend the prescribed time limit for filing a revised return from the existing nine months to twelve months ...

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

In her Budget speech, Finance Minister Nirmala Sitharaman announced two major compliance-friendly measures which are ...

Moving beyond rate-centric reforms, the government has focused on re-designing the compliance lifecycle spanning original ...

For the majority of individual taxpayers, the July 31 due date remains unchanged. Salaried employees and those filing ITR-1 or ITR-2 will still have to submit their returns by this deadline, as no ...

For most taxpayers, the real sense of relief after filing an Income Tax Return (ITR) comes only when the refund amount is credited to their bank account. However, in 2025, many taxpayers are still ...

Taxpayers also get more flexibility to correct mistakes: the time limit to file a revised return has been increased from 9 ...

Taxpayers should consider ITR-U if they omitted income, wrongly claimed deductions or exemptions, or made reporting errors ...

For individual taxpayers filing ITR-1 and ITR-2, the original due date will remain 31 July, ensuring that salaried ...

Budget 2026 may introduce optional joint ITR filing for married couples. Here’s what the proposal means, how tax slabs may change, and expert views from Sajal Goell and Nupur Gupta.

Non-audit tax filers gain three additional months to file revised returns, plus a one-time foreign asset disclosure scheme ...