From April 1, 2025, taxpayers earning up to ₹12 lakh can enjoy zero income tax under the new tax regime, following a higher ...

- Taxpayers now receiving refunds within just 4 hours of filing ITR. - ITR-2 and ITR-3 forms are now active on the official portal. - Deadline to file ITR for FY 2024–25 is September 15, 2025. New ...

FM proposes retaining July 31 deadline for ITR-1 and ITR-2, extends timelines for revisions and non-audit cases.

The Finance Minister clarified that individuals filing ITR-1 and ITR-2 can continue to submit their returns until July 31, while non-audit business cases and trusts will have time until August 31. She ...

As per the Income Tax Department guidelines, it generally takes 4 weeks to 5 weeks to credit a refund to a taxpayers account.

● If you have business or professional income and you want the old regime, you must file Form 10-IEA within the due date under section 139 (1), as per the Income Tax Department guidance. On the portal ...