Income of Rs 12 lakh, hence zero tax: Is ITR filing still mandatory from April 1, 2026?

From April 1, 2025, taxpayers earning up to ₹12 lakh can enjoy zero income tax under the new tax regime, following a higher ...
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Which ITR form applies to your income for ITR filing FY 2024-25 (AY 2025-26) ITR-1, ITR-2, ITR-3 or ITR-4?

The Income Tax Department has notified the income tax return (ITR) forms for the financial year 2024-25 (assessment year 2025-26). This year's ITR forms have been updated to incorporate the income-tax ...
News24

Union Budget 2026: When will new income tax rules take effect and what changes the 2025 act brings for taxpayers?

India is set to introduce the new Income Tax law from April 1, 2026. The direct taxation system, called the Income Tax Act ...
The Financial Express

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

Union Budget 2026–27 is expected to keep income tax reforms in focus as FM Nirmala Sitharaman presents her ninth Budget on ...
The Financial Express

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

Union Budget 2026–27 is expected to keep income tax reforms in focus as FM Nirmala Sitharaman presents her ninth Budget on February 1. With nil tax up to Rs 12.75 lakh already in place, taxpayers are ...