New Delhi: Many taxpayers are feeling the pressure to file their income tax returns on time with just seven days left before the December 31 deadline. Adding to the stress, the Income Tax Department ...

Missed reporting income or made errors in your ITR? Taxpayers can still correct mistakes using ITR-U. With March 31 ...

Filing your Income Tax Return (ITR) on time is important, but rushing at the last minute often leads to mistakes. If you filed your ITR in a hurry for Assessment Year (AY) 2025–26 and later realized ...

If you can't remember your Income Tax portal password, you don't need to reset it straight away. Most major banks in India ...

Income earned in FY 2025-26 (April 1, 2025 to March 31, 2026) will continue to be governed by the Income Tax Act, 1961 and ...

Income tax filing is set to undergo major changes with the introduction of new Income-tax Rules, 2026. The changes include replacement of Form 16 with a new Form 130.

From new ITR forms to the replacement of Form 16 with Form 130, income tax filing is set to change from April 1, 2026. Here’s what taxpayers should know.

ITR-U: The concept of ITR-U was introduced by the government a few years ago to allow taxpayers to voluntarily disclose previously unreported or underreported income. Unlike a revised return—which is ...

Aam Aadmi Party MP Raghav Chadha proposed reforms to ease financial burdens, advocating for optional joint income tax filing ...