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ITR filing not required: Income Tax Act 2025 allows these taxpayers to use Form 125 — check eligibility

Senior citizens aged 75+ with only pension and interest income can now avoid filing ITR using Form No. 125 under…

April 27, 2026 13:26 IST

Form 15G, Form 15H, Form 121, Form 121 how to fill, tax liability, declaration of income, no TDS

No more Form 15G or 15H: 10 things to know about Form 121 if your tax liability is nil

Quoting of PAN is mandatory for submitting the declaration in Part A of Form No. 121 by the declarant.

April 20, 2026 13:15 IST

Have foreign stocks or accounts? One mistake in ITR can cost you Rs 10 lakh

Holding foreign stocks, bank accounts or ESOPs? A small mistake in reporting them in your ITR can lead to a…

March 30, 2026 13:35 IST

10 income tax rule changes coming from April 1, 2026

New income tax rules from April 1, 2026: 10 major changes every taxpayer should know

From April 1, 2026, new Income-tax Rules will change how salary perks, employer housing, car benefits, loans and gifts are…

March 16, 2026 19:51 IST

Income Tax Refund scam alert: Fake refund message costs taxpayer Rs 1.5 lakh — Here’s how you can stay safe

Amid growing concerns over income tax refund delays, scammers are targeting anxious taxpayers with fake “pending refund” messages. After one…

February 22, 2026 09:02 IST

Cash gifts from family, relatives not exempt from income tax if you fail to explain these details, says ITAT

A recent ITAT ruling has shown that even tax-free gifts from relatives can become taxable if proper donor details are…

February 22, 2026 07:41 IST

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New income tax rules likely to be notified in March before April 1 rollout: Key changes taxpayers should know

While the new Income-tax Act, 2025 has already been passed, these rules are crucial because they explain how the law…

February 9, 2026 20:45 IST

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Bengaluru and Hyderabad among cities that may get 50% HRA exemption – New Income Tax draft rules explained

At present, taxpayers residing in Mumbai, Delhi, Kolkata and Chennai can claim HRA exemption of up to 50% of their…

February 9, 2026 19:42 IST

Budget 2026 hides major tax rule changes: What Income Tax FAQs reveal before April 1 rollout

New penalties, revised ITR window among 15 major tax rule changes from April 1

Post-Budget FAQs issued by the Income Tax Department reveal some important but lesser-noticed tax changes announced in Budget 2026. These…

Updated: February 4, 2026 09:16 IST

Budget 2026 Income Tax Changes: ITR Filing Deadline Now Depends on ITR Form

ITR filing deadline changed: Your ITR form now decides when you must file returns

Budget 2026 has changed how ITR deadlines work. Filing dates will now depend on the ITR form used. While salaried…

February 2, 2026 09:39 IST

Budget 2026 Tax Expectations Live Updates: Salaried, middle-class taxpayers pin big hopes

Budget 2026 Income Tax Expectations Highlights: Rs 1 lakh Standard Deduction, home loan relief, LTCG tweaks and senior citizen benefits in focus

Income Tax Slabs Expectation Budget 2026: Union Budget 2026–27 is expected to keep income tax reforms in focus as FM…

Updated: January 31, 2026 21:20 IST

Union Budget 2026–27 income tax expectations live updates on slabs, deductions and taxpayer relief

Budget 2026 Income Tax Expectations Highlights: Tax refunds delayed; 50 lakh income tax returns yet to be processed – will budget fix problem?

Income Tax Slabs Expectation Budget 2026: Union Budget 2026–27 is expected to keep income tax reforms in focus as FM…

Updated: January 28, 2026 07:19 IST

New tax regime slabs to change again? What taxpayers should realistically expect in Budget 2026

As Budget 2026-27 approaches, taxpayers are keenly watching whether the government will once again tweak income tax slabs under the…

January 20, 2026 18:39 IST

Tax Year vs Assessment Year: How the new income tax law changes ITR filing from 2026

‘Tax Year’ replacing ‘Assessment Year’ in new income tax law: How it will impact taxpayers

From April 1, 2026, the new Income-tax law will replace ‘Assessment Year’ with ‘Tax Year’ to simplify tax filing and…

January 19, 2026 13:42 IST

Money sent by NRI children to parents: Tax-free gift or taxable income?

What are tax implications if an NRI son transfers money from abroad to his parents in India?

NRI son’s tax dilemma: I am an NRI living in the UK and regularly send money to my parents in…

January 17, 2026 16:11 IST

Over 63 lakh ITRs yet to be processed in AY 2025–26: Why refunds are getting delayed

Over 63 lakh income tax returns are still under processing in AY 2025–26, leaving many taxpayers waiting for refunds even…

January 6, 2026 13:27 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

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