Under the ICAI’s proposal, married couples choosing joint filing would be assessed on their combined income, with the basic ...

As discussions around Union Budget 2026 gain momentum, a key proposal has emerged that could bring meaningful relief to ...

Filing your income tax return after July 31 can cost more than you expect. From late fees and interest to delayed refunds and ...

From April 1, 2026, income tax return filing is set to become significantly easier with the new Income-tax Act, 2025. With ...

AY structure with a unified Tax Year under the new law. The key takeaway is simpler compliance, clearer timelines, and fewer filing errors without changing core tax ...

India's new Income Tax Act, 2025, effective April 1, 2026, aims to simplify tax rules and enhance compliance. Key changes ...

Under India’s income tax rules, December 31 is the last date to file a revised return or a belated return for a given ...

If implemented it will lead to reduced compliance burden, lower cost of tax filing, and significant savings in time and ...

India’s taxpayer profile is undergoing a structural shift, with more individuals earning from multiple sources rather than ...