People using post office savings schemes, fixed deposits, and other financial services across India will now have to follow ...

The article explains all important income tax deadlines for FY 2026-27 under the new Income Tax Act, 2025. It covers advance tax, TDS, ITR filing, audit reports, and penalties for non-compliance in a ...

The government has introduced major changes in income tax forms under the new Income Tax Rules 2026, including the ...

Income Tax Rules 2026 introduce updated PAN, TDS and AIS forms to simplify tax filing, improve compliance and reduce ...

(MENAFN- IANS) New Delhi, March 31 (IANS) As India approaches the new fiscal year FY27, the country's direct tax system is set for a major overhaul from April 1, 2026, with the new Income Tax Act, ...

For millions of taxpayers, December 31 marked the final date to file a revised or belated income tax return (ITR) for the assessment year. Missing that deadline often triggers panic — especially for ...

Income tax deadlines go beyond ITR filing, covering TDS, TCS, and advance tax. Here’s a month-wise guide to key dates to help you stay compliant and tax-ready throughout the year.

A crucial distinction lies between the Assessment Year (AY) 2026–27 and the tax year 2026–27. Returns to be filed by July 31, 2026 (for non-audit cases) will still be governed by the existing Income ...

Purpose / when used Filed after missing the original due date (late filing). Filed to correct an error/omission in an already-filed return (original or belated). Filed to voluntarily disclose missed ...

Income Tax Department updates ITR forms for AY 2026-27, expanding disclosures for salaried taxpayers, traders and small ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Tax deduction at source (TDS) or ...

The shift replaces multiple filings with a single consolidated form for buyers. The key takeaway is that compliance is now simpler, faster, and less prone to ...