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Today Is the First Day You Can File 2025 Income Taxes. The Deadlines You Need to Know for Tax Season 2026

Today Is the First Day You Can File 2025 Income Taxes. The Deadlines You Need to Know for Tax Season 2026 ...

Filing returns for FY26: Taxpayers may continue to use existing ITR forms

Taxpayers would continue to use existing income tax return (ITR) forms to report income for 2025-26 (FY26), even as revamped ...
Tax Guru

26 Important Income-tax Proposals in Union Budget 2026

The Budget proposes replacing the Income Tax Act, 1961 with the new Income Tax Act, 2025 from April 2026. The key takeaway is a simplified, modern tax law designed for easier ...

When To Expect Your Forms W-2 & 1099 In 2026—And What To Do If They’re Missing

For example, Form 1099-NEC, used to report payments to independent contractors, must be furnished by February 2, 2026. As with Forms W-2, there is no automatic 30-day extension available for ...

Do I need W-2 to file taxes? Documents you need to get your refund

The year-ending W-2 is one of the forms you will need in order to file your 2025 income taxes. For many, it might be the only ...

New income tax rules raise PAN threshold, meal allowances

Thresholds have been raised for certain financial investments too, including investments in mutual funds, which will require PAN if it is above ₹200,000, up from ₹50,000 now. The tax-exempt per-meal ...

Tax department releases draft Income Tax Rules, 2026; Rule 57 of draft rules tell how fair market value of assets like jewellery, property is determined for taxation purposes

Tax department releases draft Income Tax Rules, 2026; Rule 57 of draft rules tell how fair market value of assets like ...

Budget 2026 explainer: How the new Form 15H rule simplifies tax filing for senior citizens

FM Nirmala Sitharaman has announced that senior citizens will now be allowed to submit Form 15H just once through their ...