Budget 2026 introduces a New Income Tax Act effective April 1, 2026, with staggered ITR filing deadlines and reduced TCS on ...

FM proposes retaining July 31 deadline for ITR-1 and ITR-2, extends timelines for revisions and non-audit cases.

In her Union Budget 2026 speech, Nirmala Sitharaman said the deadline for filing ITR-1 and ITR-2 will continue to be July 31.

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

The Finance Minister clarified that individuals filing ITR-1 and ITR-2 can continue to submit their returns until July 31, while non-audit business cases and trusts will have time until August 31. She ...

The Union Budget 2026 focuses on procedural reforms, aiming to simplify tax compliance and reduce litigation for taxpayers.

The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed for ...

The Union Budget 2026 has delivered long-awaited clarity for millions of taxpayers by removing confusion around income tax ...