Income Tax Explainers

Last chance to get your income tax refund: File your return by December 31

Last chance to get your income tax refund: File your ITR by December 31 or lose the money

If you haven’t filed your Income Tax Return yet, December 31 is your final chance to claim your income tax…

December 30, 2025 13:38 IST

Income tax refund delay as taxpayers check pending refund status for AY 2025-26

When will income tax refunds come? Over 73 lakh AY 2025-26 tax returns still unprocessed

More than 73 lakh taxpayers are still waiting for their income tax returns to be processed for AY 2025-26. With…

December 25, 2025 10:55 IST

Income Tax notices on transaction mismatch: CBDT clarifies emails are advisory, not punitive

Income Tax Department clarifies notices sent to taxpayers on mismatch in transactions, ITR

The Income Tax Department has clarified that recent emails sent to taxpayers over ITR and transaction mismatches are advisory, not…

December 19, 2025 15:50 IST

Income Tax Dept deploys non-filer monitoring system to track high-value transactions without ITR filing

The Income Tax Department has rolled out a non-filer monitoring system to track high-value financial transactions by individuals who have…

December 18, 2025 18:04 IST

Bogus tax deductions under scanner: CBDT flags fake donation claims, warns taxpayers via SMS and email

The CBDT has nudged taxpayers to voluntarily withdraw bogus deduction claims after uncovering fake donation rackets and suspicious intermediaries. The…

December 13, 2025 15:44 IST

Budget 2026: Will married couples get joint tax filing with Rs 6–8 lakh exemption?

Govt to allow joint taxation option for married couples with Rs 6–8 lakh tax exemption? A key demand in Budget 2026

As Budget 2026 nears, a key expectation is the introduction of optional joint taxation for married couples, allowing them to…

December 11, 2025 18:10 IST

Google Trends: Why taxpayers are searching more about the Income Tax Department

‘Income Tax Department’ has emerged as one of the most searched terms on Google Trends as over 1 crore taxpayers…

November 27, 2025 16:03 IST

Waiting months for income tax refunds to end soon? Real-time tracking pitched for Budget 2026 wish list

Real-time income tax refund tracker proposed for taxpayers: Deloitte Budget 2026 wish list

Taxpayers struggling with long income tax refund delays may finally get some relief if the income tax department accepts this…

Updated: December 24, 2025 12:19 IST

New income tax rules coming April 1: 5 major changes for common taxpayers

New income tax rules coming from April 1: 5 major changes for common taxpayers

India is about to witness the biggest overhaul in its income tax system in more than six decades. From April…

November 25, 2025 13:32 IST

ITR filing set to change from next year: What the new income tax return forms mean for you

The new law and new forms will come into effect on April 1, 2026, replacing the existing Income Tax Act,…

November 20, 2025 19:32 IST

Income Tax Rules: Taxpayers lose their refunds if they file a belated ITR in 2025–26? Let’s find it

Many taxpayers wrongly believe that they won’t get an income tax refund if they miss the July 31 deadline and…

November 18, 2025 12:26 IST

Budget 2026: Will 30% tax rate apply only above Rs 50 lakh income? Industry urges govt to ease burden on middle class

Budget 2026: Govt to move highest 30% tax rate to above Rs 50 lakh under new regime? Industry makes this pitch

As Budget 2026 preparations begin, industry body PHDCCI has urged the government to widen income tax slabs and reduce tax…

Updated: December 24, 2025 12:25 IST

10 common bank transactions that can put your savings account under Income Tax Department's radar

10 common bank transactions that can put your savings account under Income Tax Dept’s radar

Your regular bank transactions like cash deposits, withdrawals, property payments or credit card bills may be under the Income Tax…

October 21, 2025 13:19 IST

ITR filing due date for audit cases to be extended by a month? Gujarat HC asks CBDT to do THIS

The CBDT recently issued a notification extending the deadline for submitting tax audit reports (Section 44AB) to October 31, 2025.…

October 13, 2025 17:15 IST

Income Tax Return AY 2025-26: What happens if you don't file ITR at all this year?

ITR AY 2025-26 deadline over: What if you miss filing your Income Tax Return completely this year?

The Income Tax Return (ITR) filing deadline for AY 2025-26 has ended for non-audit taxpayers on September 16, 2025. If…

October 11, 2025 18:09 IST

Belated ITR filing AY 2025-26: Will you get interest on income tax refund due amount?

If the return was filed within the due date (16th September for FY 2024–25), the interest on the refund will…

October 8, 2025 19:26 IST

Is ITR filing due date in audit cases extended to Nov 30? Here's all taxpayers should know

Is ITR filing due date in audit cases extended to November 30? Here’s all taxpayers should know

The Gujarat High Court has asked the Central Board of Direct Taxes (CBDT) to explain why it did not extend…

October 3, 2025 18:15 IST

IRS faces tax deadline pressure as shutdown leaves half its staff furloughed

Income Tax Dept waives interest on late payment of tax demands for THESE taxpayers

Section 87A provides tax exemption to small taxpayers if their total income is below a certain limit (currently ₹7 lakh).…

September 27, 2025 12:37 IST

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