In early January, the IRS announced that the first day for filing 2025 tax returns would be today, Monday, Jan. 26, 2026. If ...

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

From April 1, 2025, taxpayers earning up to ₹12 lakh can enjoy zero income tax under the new tax regime, following a higher ...

Income Tax Return, ITR Filing: The last date for filing income tax returns (ITR) for assessment year (AY) 2025-26 ended on September 15, 2025. Despite heavy demand from taxpayers and professional ...

Budget 2026 proposals will allow taxpayers to file updated returns to reduce claimed losses, provided specific conditions are ...

After Budget 2026, correcting past income tax mistakes has become significantly more expensive. Under the updated return (ITR ...