Income Tax: Fewer than 30 days are remaining before the September 15 deadline to file the income tax return (ITR) for FY 2024-25. It is crucial for taxpayers to use the correct income tax return form ...
The Income Tax Department has now enabled utilities for filing updated income tax returns (ITR-U) in ITR-1 and ITR-2 for the assessment years (AY) 2021-22 and 2022-23 as per Finance Act, 2025. Union ...
Moving beyond rate-centric reforms, the government has focused on re-designing the compliance lifecycle spanning original ...
One of the most important announcements is related to the Income Tax Return (ITR) deadline. The due date for filing ITR-1 and ...
Finance Minister Nirmala Sitharaman has proposed extending the deadline for revising income tax returns from December 31 to March 31, allowing for a nominal fee. This change aims to address issues ...
In her Union Budget 2026 speech, Nirmala Sitharaman said the deadline for filing ITR-1 and ITR-2 will continue to be July 31.
inance Minister Nirmala Sitharaman used her Budget speech to overhaul how ordinary Indians file, disclose and pay taxes, ...