Whether you need to file a federal income tax return this year depends on several factors: how much you earned, source of ...

Today Is the First Day You Can File 2025 Income Taxes. The Deadlines You Need to Know for Tax Season 2026 ...

This tax season, many people could be hearing oversimplified versions of some complicated tax changes on 2025 tax returns.

If you missed filing your Income Tax Return (ITR) this year, don’t panic just yet. The Income Tax Department still allows taxpayers to file a belated return until December 31, 2025. However, there are ...

The amount of the income tax refund is equal to the excess tax paid, which is not taxable and cannot be considered income.

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 ...

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 ...

From April 1, 2025, taxpayers earning up to ₹12 lakh can enjoy zero income tax under the new tax regime, following a higher ...

From April 1, 2026, India’s new Income-tax Act, 2025 will reshape how taxpayers file their returns. While ITR-1 to ITR-7 remain, the draft Income-tax Rules, 2026 tighten eligibility for simplified ...

After Budget 2026, correcting past income tax mistakes has become significantly more expensive. Under the updated return (ITR ...

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