Tax experts say reporting gaps often arise due to misunderstanding of disclosure rules, reporting timelines, and the ...

Several income tax changes will take effect from April 1, 2026, including new ITR filing deadlines, higher STT rates, an ...

India's Income-tax Act, 2025 will replace the 1961 Act from April 1, 2026, introducing a 'Tax Year', revised ITR due dates, increased STT rates, and new rules for share buybacks.

Rajya Sabha MP Raghav Chadha has proposed provision of joint income tax returns for married couples with aim to provide equitable relief for single-income households, similar to systems in developed ...

Raising the issue in Parliament, Chadha says the tax system treats a married couple as two separate individuals even though they run a single household and share expenses.

The income tax laws allow a person to file a revised Income Tax Return (ITR) by December 31, in case the taxpayer finds some mistakes or omissions.

A study suggests the order of names on a joint income tax return can provide insights about the people filing. But does the ...

Rajya Sabha MP Raghav Chadha has proposed allowing married couples to file joint income tax returns in India. The move, he ...

Taxpayers can file updated returns before March 31 to correct past omissions. They have to pay the due taxes, along with applicable interest and additional tax. Filing updated returns (ITR-U) under ...

Missing the Income Tax Return (ITR) filing deadline can happen for many reasons. You may have missed a document, made an error, or simply overlooked the timeline. However, if you have already filed ...

Overview: Paper tax filing remains an option for taxpayers who prefer reviewing forms and details manually before submitting their return.The process includes d ...

Starting April 1, several tax rules are set to change in ways that could directly impact your filing and savings. From ITR ...