The Income Tax Department has notified the income tax return (ITR) forms for FY 2024-25 (AY 2025-26). But, although software utilities for ITR-1 and ITR-4 have been released by the tax department, it ...
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.
Union Budget 2026 delivers major middle-class relief by extending ITR filing deadlines to March 31, cutting overseas ...
Budget 2026 tax changes for NRIs explained by a CA, covering overseas income exemption, residency rules, property sales, ...
For Non-Resident Indians (NRIs), compliance with Indian income tax rules can sometimes become complicated—especially when it comes to Aadhaar–PAN linking. While Aadhaar is not mandatory for NRIs, PAN ...
In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced a three-month extension for filing ...
Budget 2026 introduces significant changes to income tax filing from April 1, 2026. Revised ITR forms will simplify ...
Filing taxes can be a complicated process, especially for entities that fall outside the common categories of individual taxpayers. One such form that caters to these unique entities is the ITR-5 form ...
Finance Minister Nirmala Sitharaman’s historic Sunday budget for 2026–27 introduced compliance-friendly measures to ease tax burdens and simplify disclosures for NRIs, students abroad, and globally ...
Union Budget 2026 introduces a new Income Tax Act from April 1, 2026, with simplified rules. Key changes include reduced TCS rates on overseas tour packages and LRS remittances for education/medical.
In her Union Budget 2026 speech, Nirmala Sitharaman said the deadline for filing ITR-1 and ITR-2 will continue to be July 31.
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 ...