Income Tax Alert Before Dec 31? Here’s How To File A Revised ITR Step By Step
While filing an income tax return, it’s common for taxpayers to miss some details or make small errors such as incorrect income figures, forgotten deductions, or calculation mistakes. To fix this, the Income Tax Act provides a second chance.
Dec 27, 2025, 19:06 PM IST
ITR Refund 2025: How Long It Takes, Tracking Status, And Common Delays Explained
With over 7.3 crore ITRs filed in 2025, taxpayers who paid excess tax are awaiting refunds, typically processed within 4-5 weeks. Learn how to track your refund online, check for discrepancies, and avoid delays due to incorrect bank details, e-verification issues, or data mismatches.
Sep 27, 2025, 12:41 PM IST
Struggling With ITR Tech Glitches? Here’s How To File Before Sept 15 Without Hassle
This year, filings have been slower than last year. By September 11, only 5.47 crore returns had been submitted, compared to 7.28 crore by July 31, 2024. The TRACES portal, which is essential for accessing Form 26AS, downloading TDS certificates, and verifying tax credits, has also been unavailable since September 11, further complicating matters for taxpayers and professionals.
Sep 13, 2025, 17:52 PM IST
ITR Deadline Extension: Experts Warn Honest Taxpayers At Risk Due To Govt Delays
As of September 8, over 5 crore income tax returns (ITRs) for Assessment Year 2025–26 have been filed and 4.72 crore verified.
Sep 10, 2025, 19:28 PM IST
Still Waiting? Why Your ITR Refund May Take Up To 9 Months To Reach Your Bank Account
The last date to file Income Tax Returns (ITR) for AY 2025-26 is 15 September. While refunds are usually processed within 4–6 weeks after e-filing and e-verification, the Income Tax Department legally has up to 9 months to issue them. Delays can happen due to errors in the return, mismatches between ITR and Form 26AS, or the use of complex ITR forms. Heavy filing during the deadline period also slows processing. To avoid delays, taxpayers should file early, e-verify their returns, provide correct bank details, and ensure that all tax records match. Though the system has improved in recent years, refunds for complex cases may still take time.
Sep 05, 2025, 11:04 AM IST
Still Waiting For Your ITR Refund? Tax Dept Might Cut It To Clear Your Old Dues
With the extended deadline for filing ITRs now set at September 15, 2025, for those not requiring an audit, the pressure is building as only two weeks remain. But for those who have already filed, the bigger question is: why is the refund process so slow?
Sep 02, 2025, 14:55 PM IST
Govt Sees Unprecedented Surge In New Tax Filers Over Last 5 Years
According to Minister of State for Finance Pankaj Chaudhary, 6.48 crore taxpayers filed returns in FY 2019-20, compared to 8.56 crore in FY 2024-25 — a rise of over 2 crore taxpayers.
Aug 19, 2025, 16:32 PM IST
New Income Tax Bill Introduced In Lok Sabha With Major Changes, Check Details
The earlier Bill was withdrawn after opposition protests, even though a 31-member Select Committee, headed by BJP MP Baijayant Panda, had already reviewed it and suggested some changes.
Aug 11, 2025, 16:16 PM IST
ITR 2025: How Tax Rules Differ For Freelancers And Salaried Employees— Explained
For salaried employees, taxes are cut by the employer before the salary reaches their account. Freelancers, however, need to handle taxes themselves. Usually, when clients pay freelancers, they deduct 10 per cent TDS and submit it to the government under the freelancer’s PAN.
Aug 10, 2025, 12:24 PM IST
ITR Filing 2025: Do Students And Unemployed Need To File Income Tax Returns in 2025?
For individuals under 60 years old, it is generally required to file an ITR if your income exceeds Rs 2.5 lakh under the old tax regime or Rs 3 lakh under the new tax regime.
Aug 04, 2025, 14:46 PM IST
Unlocking Wealth: 7 Capital Gains Tax-Saving Secrets Gen Z Needs To Know But The Rich Won’t Share
To save capital gains tax in India, taxpayers can adopt several strategies. Hold assets for over 12-24 months to qualify for lower long-term capital gains tax. Reinvest capital gains under Section 54F by purchasing or constructing residential property, or invest gains in specified bonds under Section 54EC within six months to claim exemption. Use the Capital Gains Account Scheme to defer tax by depositing gains temporarily. Joint ownership can also split gains to utilize individual exemption limits. Additionally, offset capital gains with losses from other investments. These legal methods help reduce or defer capital gains tax liability effectively.
Aug 02, 2025, 13:20 PM IST
Last Chance! Advance Tax First Instalment Due June 15—Check If You Need To Pay
Advance tax is a way of paying your income tax in parts during the year, instead of paying it all at once at the end.
Jun 14, 2025, 11:24 AM IST
Filing Your ITR For AY 2025-26? Here’s Simple Guide For Online And Offline Filing– Check Steps
The last date to file your Income Tax Return (ITR) without any penalty is September 15, 2025.
Jun 01, 2025, 15:55 PM IST
Filing ITR-1 Or ITR-4? Excel Utilities Are Out—Check Eligibility And What’s New This Year
The update follows the extension of the ITR filing deadline to September 15, 2025. It gives taxpayers extra time to file their returns.
May 30, 2025, 20:36 PM IST
Income Tax: Hurry Up! Last Chance To Settle Your Tax Dispute Out Of Court As Vivad Se Vishwas Scheme Ends On THIS Day
Income Tax: The Vivad se Vishwas Scheme was announced by Union Finance Minister Nirmala Sitharaman in the 2024 Budget and officially came into effect on October 1, 2024.
Apr 23, 2025, 14:51 PM IST
Income Tax Return 2025: When Will ITR Filing Begin for AY 2025-26? Check Deadline Date And Types Of ITR Forms – How To File ITR Online
Income Tax Return 2025: Filing ITR 2025 keeps a record of an individual's income and tax payments and helps in obtaining loans, applying for visas, and conducting other financial transactions in the future.
Mar 26, 2025, 17:35 PM IST