In her Budget speech, Finance Minister Nirmala Sitharaman announced two major compliance-friendly measures which are ...
Union Budget 2026 delivers major middle-class relief by extending ITR filing deadlines to March 31, cutting overseas remittance TCS rates, and simplifying tax compliance through digitisation.
For individual taxpayers filing ITR-1 and ITR-2, the original due date will remain 31 July, ensuring that salaried individuals and those with simple income structures are not impacted by any changes.
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 ...
The Finance Bill, 2026 proposes revised return-filing timelines to give taxpayers more preparation time. Non-audit business taxpayers gain an extended August ...