New income tax rules for 2026-27 propose redesigned ITR forms with more pre-filled details, aiming for simplification. Eligibility criteria for simplified forms like ITR-1 and ITR-4 have been adjusted ...

The tax filing deadline is Wednesday, April 15, and you have until then to request a tax filing extension or possibly face expensive penalties.

AIS analytics now detect non-filers where pension and interest income exist. Voluntary filing through ITR-U helps avoid notices under Sections 142(1) and 148, saving professional costs and compliance ...

Income-tax Rules 2026: In Budget 2026, Finance Minister Nirmala Sitharaman announced that the government would implement the new rules from April 1, 2026. This means that filing taxes from this year ...

The Income Tax Department warns taxpayers about rising ITR refund scams involving fake emails, SMS and calls. Here’s how the ...

Tax returns can still be filed after April 15 without filing an extension, but you may be subject to a penalty if you owe ...

Even if your teen is considered a dependent, they will still need to file state and federal income tax returns this year, if ...

Tax season 2026 is halfway over, and if you think you'll need an extension from the IRS to file income taxes, here's how to get it.

There are plenty of ways people can go about filing their taxes, including those that are free. Now, Pennsylvanians have one ...

However, from April 1, 2026, transactional forms such as tax deducted at source statements, remittances, Form 60, and Form 15G/15H would operate under the new simplified framework.

A group of U.S. lawmakers introduced legislation Thursday to codify the IRS Direct File program, which the Trump ...

Missed filing an ITR for HUF income? Today’s Ask Wallet Wise explains why a member has no recourse once the deadline to file a revised ITR has expired. The Ask Wallet-Wise initiative offers expert ...