The Central Board of Direct Taxes (CBDT) has decided to extend the due date of furnishing of Return of Income under sub-Section (1) of Section 139 of the Act for the Assessment Year 2025-26, which is 31st October 2025 to 10th December 2025. (1/2)
This extension will provide more time due to significant revisions in ITR forms, system development needs, and TDS credit reflections. This ensures a smoother and more accurate filing experience for everyone. (2/2)
Zero Income Tax till ₹12 Lakh Income under New Tax Regime
👉 Slabs and rates being changed across the board to benefit all tax-payers
👉 ‘Nil tax’ slab up to ₹12.00 lakh (₹12.75 lakh for salaried tax payers with standard deduction of ₹75,000)
#ViksitBharatBudget2025
CBDT extends due date for determining amount payable as per column (3) of Table specified in section 90 of Direct Tax Vivad Se Vishwas Scheme, 2024 from 31st December, 2024 to 31st January, 2025.
Compute tax either at 12.5% without indexation or 20% with indexation on realty transactions: Govt moves amendment
In a big relief to taxpayers, Government has moved amendment to let taxpayers select either 12.5% (1/2)