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Income tax: Big change in income tax filing, rules have changed from ITR-1 to ITR-7

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

ITR Filing 2025: Paid excess tax? Know if it will be refunded to you and how; check the process inside

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

7 ways income tax filing will be impacted after Budget 2026

Budget 2026 introduces significant changes to income tax filing from April 1, 2026. Revised ITR forms will simplify ...

Budget 2026: Revised ITR deadline extended to 12 months, but now it comes with a fee of up to Rs 5000

Taxpayers also get more flexibility to correct mistakes: the time limit to file a revised return has been increased from 9 ...
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Income Tax Department releases five ITR forms for taxpayers

The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed for ...

Income Tax Department releases draft Income-tax Rules, 2026: Simplified forms, easier compliance & other key features explained

Income-tax Rules: The Income Tax Department has released draft Income-tax Rules, 2026, effective April 1, 2026, simplifying ITR filing forms and procedures. These draft rules, open for public feedback ...

Can You File ITR-1 In India After Staying Abroad For Over 6 Months

Can you file ITR-1 after staying abroad for more than six months? Learn how residential status under the Income-Tax Act affects ITR-1 eligibility for returning NRIs.