According to the new rules, you will be able to claim your TDS refund even if you file your income tax return late.

This proposal is important as excess tax deduction at source (TDS) creates liquidity challenges for small taxpayers. They have to wait for refunds after filing their returns. For instance, a ...

Union budgets may not always announce big giveaways for households, but they still shape everyday money decisions in quiet ...

Budget 2026 introduces a New Income Tax Act effective April 1, 2026, with staggered ITR filing deadlines and reduced TCS on ...

ET Wealth Reader's Query: Is it possible to file an income tax return (ITR) for a deceased family member (mother or father) ...

Union Budget 2026 details direct tax measures, TDS/TCS rate changes, new exemptions, and revised ITR deadlines for taxpayers.

As part of the changes, the tax filing deadline for non-audit trusts has been extended to August 31, while the due date for salaried taxpayers remains unchanged at July 31.

Finance Minister Nirmala Sitharaman announced a series of taxpayer-friendly measures in the Union Budget 2026-27 aimed at easing compliance for small taxpayers. These include a simpler, rule-based TDS ...

Sitharaman said, "I propose to extend time available for revising returns from 31st December to up to 31st March with the ...

Tax experts say the new rules will significantly influence how taxpayers file returns, disclose income, manage penalties and ...

Union Budget 2026 by Nirmala Sitharaman eases tax compliance, lowers TCS rates, and boosts investment access for PROIs and non-residents. Discover key reforms.

The Budget introduces exemptions, lower TCS rates, and simplified compliance to reduce taxpayer burden. Key relief includes ...