Union Budget 2026 introduces a new Income Tax Act from April 1, 2026, with simplified rules. Key changes include reduced TCS rates on overseas tour packages and LRS remittances for education/medical.
Can you file ITR-1 after staying abroad for more than six months? Learn how residential status under the Income-Tax Act affects ITR-1 eligibility for returning NRIs.
If you stay outside India for more than 182 days, you can't use ITR Form 1. It is not a question of being a resident or a non ...
For Non-Resident Indians (NRIs), compliance with Indian income tax rules can sometimes become complicated—especially when it comes to Aadhaar–PAN linking. While Aadhaar is not mandatory for NRIs, PAN ...
Union Budget 2026 delivers major middle-class relief by extending ITR filing deadlines to March 31, cutting overseas ...
NRIs need to proceed carefully for matters related to Aadhaar and PAN. Non-resident Indians who changed their residency status to NRI on the income tax portal are not required to link their Aadhaar ...
The Union Budget 2026-27 has brought significant updates for taxpayers, with Finance Minister Nirmala Sitharaman announcing the implementation of a new Income Tax Act from April 1, 2026. Along with a ...
In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced a three-month extension for filing ...
Filing taxes can be a complicated process, especially for entities that fall outside the common categories of individual taxpayers. One such form that caters to these unique entities is the ITR-5 form ...
For many Indians returning home after extended periods overseas, one recurring tax-season question is whether they can file their income tax return using ITR-1 if they have spent more than 182 days ...
Finance Minister Nirmala Sitharaman’s historic Sunday budget for 2026–27 introduced compliance-friendly measures to ease tax burdens and simplify disclosures for NRIs, students abroad, and globally ...
In her Union Budget 2026 speech, Nirmala Sitharaman said the deadline for filing ITR-1 and ITR-2 will continue to be July 31.