Taxpayers News
Tax audit deadline extended! Corporates, taxpayers can now file audit reports till this date — Details here
Tax audit deadline: The I-T Department has extended the ITR audit deadline for corporates and taxpayers, permitting them to file their audit report till 10 November 2025. Here's what the tax authority said.
2 min read29 Oct 2025ITR Refund Delay: Income tax refund status shows ‘processed’ but no money credited? Step-by-step guide for solution
If your ITR refund status shows ‘processed’ but you are not getting it credited to your bank account, there is no reason to panic.
1 min read10 Oct 2025Income Tax: What is a belated return and how can you file it after the last date? All about time limit, penalty and more
Income Tax: In case of errors or omissions, taxpayers can also file an updated return (ITR-U) on payment of additional taxes.
2 min read16 Sep 2025TDS refund rules to be made simpler under Income Tax Bill 2025? Here's what we know
Instead of filing ITRs solely for claiming TDS refund, taxpayers may be able to do it by just filling up a simple form, according to a report
2 min read19 Jul 2025Will the new Income Tax Bill give govt access to your encrypted Whatsapp chats?
Finance Bill 2025: FM Sitharaman said the new Income Tax Law did not give legal backing to check digital assets. The government has added checking of digital elements in the Income Tax Act, which should provide legal backing.
2 min read26 Mar 2025Women's Day? Let's talk about the unseen cost of being a woman: ‘Pink Tax’— What is it and how can you avoid it?
Women's Day 2025: The pink tax refers to the tendency for products marketed specifically toward women to be more expensive than those marketed toward men.
5 min read8 Mar 2025Mint Quick Edit | Finally, a tax law we may be able to grasp
India’s move to simplify its income tax law promises us relief from something even experts found hard to comprehend. And it’s unjust for anybody to be hauled up for breaking rules they can’t understand.
1 min read14 Feb 2025New Income Tax Bill, half the size of 1961 I-T Act, built on core ‘SIMPLE’ principles: What are they?
New Income Tax Bill 2025: The Income Tax Bill 2025 has 57 tables, compared to 18 in the existing I-T Act of 1961. The new bill removed 1,200 provisos and 900 explanations.
3 min read13 Feb 2025New Income Tax bill 2025 tabled in Parliament: Top 10 highlights every taxpayer MUST know
New Income Tax Bill 2025 aims to simplify language by replacing complex terms with easier alternatives. Spanning 622 pages, it contains 536 sections and 23 chapters, without introducing new taxes, focusing instead on clarifying existing laws from the 1961 Act
4 min read13 Feb 2025Income Tax Budget 2025 Highlights: Who is likely to benefit most from FM Nirmala Sitharaman's tax slab change?
Income tax Budget 2025 Highlights: Finance Minister Nirmala Sitharaman announced new tax slabs in the new tax regime 2025, so there will be no income tax for those drawing ₹12 lakh and less
85 min read3 Feb 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared