Budget 2026 reshapes taxation of unexplained income. Self-reporting undisclosed income now attracts a 30% tax rate. This is a ...

Experts expect fewer irrelevant disclosures, better system stability and smoother reconciliation with AIS in FY26 returns ...

If you haven't filed your Income Tax Return (ITR) for the financial year 2024-25 (FY25), there's no need to panic. Even if ...

Missed filing your ITR ? The deadline may be over, but the law still gives you a chance to come clean with extra cost. Today's Ask Wallet Wise query decodes how to file the missed return for FY25 The ...

Nestlé International Travel Retail (NITR) is increasing its focus on the Americas, identifying untapped opportunities in the region for long-term growth in travel retail confectionery.

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

ITAT ruled that exemption under Section 10(23C)(iiiad) cannot be denied merely because of an incorrect disclosure in the return. Documentary proof of running a school was ...

Budget 2026 significantly softens penalties for income tax defaults. The jail term for failing to file ITR with tax exceeding ...

Budget 2026 brings major relief to taxpayers by allowing revised and updated ITR filing, reduced penalties, and immunity from ...

Chairman Ravi Agrawal said on Thursday that work is in progress to rationalise the requirement of Form 60. He said that under ...

Income Tax Department has sped up the process of crediting ITR refunds to taxpayers accounts. These also include high-value refunds. Taxpayers can check the status of their refunds through the ...

In keeping with the spirit of Jan Vishwas, ease of living, and to reduce the burden of litigation and compliance, Budget 2026 ...