Income Tax Slabs FY 2025-26 after Budget 2025: Finance Minister Nirmala Sitharaman announced that taxpayers will not have to ...

Under the Income Tax Bill 2025, taxpayers must file returns to claim refunds, without changing provisions for belated or ...

Experts pointed out that the new income tax bill proposed for FY2026-27 would require taxpayers to file their ITR by the due ...

To streamline the law, the new bill reduces the number of pages from 823 to 622, removing redundant provisos and explanations ...

In a reply to this, the Income Tax Department clarified that there are no changes in refund provisions. The I-T department ...

Many taxpayers want the permanent extension of ITR filing deadlines to get more time to meet the compliance laws. The ...

As soon as the new tax slab is implemented in the new financial year, many tax-related rules (income tax new rules) will also ...

Income Tax Act, 1961, does not prevent taxpayers from claiming refund just because the return was filed after the deadline.

It is important to note that this zero tax liability only pertains to the new tax regime that has been in place as the ...

The push for modernising the Income Tax Rules reflects its broader goal of creating a tax system that is not only more ...

To avail of this benefit, taxpayers simply need to file their Income Tax Return (ITR) as usual — no additional steps are required. Previously, individuals earning Rs 12 lakh per year would ...