The Income Tax (I-T) Department has extended the deadline for filing income tax return (ITR) for FY 2024-25. The revised due date is now September 15, 2025, extended from the original deadline of July ...

The forms were updated for the Income Tax Act, 2025, which was enacted on August 21 and come into effect from April 1, 2026. It will replace the Income Tax Act, 1961, aiming to simplify tax laws and ...

Confused after receiving an SMS or email from the Income Tax Department? Here’s the latest clarification on ITR filing for AY 2025-26 and what Indian taxpayers must do next.

The Central Board of Direct Taxes (CBDT) is holding detailed talks with tax experts, industry representatives and income tax ...

The Finance Ministry said that new Income Tax Return forms will be released before the financial year 2027-28. This follows a ...

Taxpayers who wish to opt for the old tax regime must exercise this option while filing the ITR on or before the due date, ...

For individuals without business income, the choice between the old tax regime and the new tax regime can be exercised each year, depending on which regime results in lower tax liability. However, ...

Panaji: The GCCI, in its pre-Budget memorandum to the finance ministry, has called for additional fields in the new Income ...

Delhi High Court held that internal disputes among company directors do not justify condonation of delay in filing ITR, upholding statutory compliance ...

The Income Tax Department has rolled out a non-filer monitoring system to track high-value financial transactions by ...