Income Tax Refunds Delayed? Here’s Why the Department is Releasing Them Now If you are waiting for your income tax refund for AY 2025–26, there’s some good news. The Income Tax Department has started releasing refunds that were earlier delayed due to new automated checks and validations. While many taxpayers were worried about long waiting … Read more
Major Changes to Tax-Free Perquisites: What Employees Must Know in 2025 The Central Board of Direct Taxes (CBDT) has announced significant revisions to tax-free perquisites that directly impact salaried employees. Through Notification No. 133/2025, dated August 18, 2025, the government has raised outdated thresholds and provided much-needed relief for low and middle-income employees. These changes … Read more
Common ITR Filing Mistakes to Avoid in AY 2025–26 Filing your Income Tax Return (ITR) is one of the most important financial responsibilities for every taxpayer in India. However, many individuals make errors that can result in notices, penalties, delayed refunds, or even scrutiny from the Income Tax Department. As the due date for ITR … Read more
How to File ITR-U Now Open: Update Your Past ITR Mistakes for AY 2021–22 and 2022–23 Good news for taxpayers! If you made a mistake or missed declaring income in your previous income tax returns, now is your chance to fix it. The Income Tax Department has officially opened the window for filing Updated … Read more
India’s Fastest-Ever Income Tax Refunds in 2025: A Digital Leap for Taxpayers The Income Tax Department in India has made an incredible leap in technology and service delivery — taxpayers are now receiving their income tax refunds within hours of filing! Yes, you read that right. What once took weeks or even months is now … Read more
