In early January, the IRS announced that the first day for filing 2025 tax returns would be today, Monday, Jan. 26, 2026. If ...

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

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 ...

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

Budget 2026 proposals will allow taxpayers to file updated returns to reduce claimed losses, provided specific conditions are ...

If you missed the deadline to file your Income Tax Return (ITR), you still have a chance to comply with tax laws by filing a belated return. The original deadline to file ITR for the current ...

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