Overview: Income tax refunds often delay due to missed e-verification, data mismatches, or incorrect bank details.Checking ...

Income Tax Refund: The Income Tax (I-T) Department can process returns and issue refunds up to December 31, 2026. This means the I-T Department is still well within the timeline for processing ITRs ...

Union Finance Minister Nirmala Sitharaman will present the Budget for FY 2026-27 on Sunday, February 1, 2026, at 11 am.

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

Waiting endlessly for your tax refund can be stressful. If your FY 2024–25 income tax refund has not arrived yet in 2026, ...

The Centre is expected to focus on targeted relief measures and further simplification of compliance rather than sweeping ...

This article outlines key GST and Income Tax resolutions for 2026. Following them helps taxpayers avoid penalties and stay compliant ...

With just over a month to go until Budget 2026, industry experts are asking the government to impliment some suggestions. One such suggestion is about implementing a real time income tax refund ...

The court upheld the quashing of a reassessment notice where the reasons were based on vague portal information without a live nexus to income escapement. The ruling reiterates that reopening cannot ...

India’s Income Tax Act, 2025, introduces a new era of digital enforcement and enhanced administrative powers and ...

Under India’s income tax rules, December 31 is the last date to file a revised return or a belated return for a given assessment year. Once this window closes, taxpayers can no longer correct errors, ...

New Income Tax Act: A ‘tax year’ is a period of twelve months contained in a financial year. It replaces the term ‘previous year’ used in the Income-tax Act, 1961. With the discontinuance of the use ...