Taxpayers who earn income from salary, capital gains, or have invested in unlisted equity shares, need to file their Income Tax Return using the ITR-2 form. For the Assessment Year 2025-26 (FY 2024-25 ...

Missed filing your ITR ? The deadline may be over, but the law still gives you a chance to come clean with extra cost. Today's Ask Wallet Wise query decodes how to file the missed return for FY25 The ...

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

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

With the December 31 deadline for filing revised income tax returns now over, many taxpayers who later spot missed income or ...

Moving beyond rate-centric reforms, the government has focused on re-designing the compliance lifecycle spanning original ...

Budget 2026 may introduce optional joint ITR filing for married couples. Here’s what the proposal means, how tax slabs may change, and expert views from Sajal Goell and Nupur Gupta.

In her Budget speech, Finance Minister Nirmala Sitharaman announced two major compliance-friendly measures which are ...

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

India's income tax system is about to enter a new era. The government is preparing to implement the Income Tax Act, 2025, ...

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

To check the status of your refund, use the " Where's My Refund?" tools for federal tax refunds or go to the IRS2Go app. Information is updated once a day, overnight. Social Security number or ...