Topic
itr
6 Financial Changes from July 1, 2026: ITR Deadlines, Aadhaar Fee Waiver, RBI Mis-Selling Rules
Several financial regulatory changes take effect in India from July 1, 2026, including ITR filing deadlines, Aadhaar email update fee waiver, revised credit card reward programs, spend-based lounge access, passport fee hikes, and a new RBI framework to curb mis-selling of financial products by banks.
ITR Filing FY 2025-26: Top 10 Mistakes High-Net-Worth Taxpayers and Executives Must Avoid
Business Today outlines 10 critical ITR filing mistakes for FY 2025-26, emphasizing that pre-filled returns are not ready-to-file. High-income taxpayers, especially those with capital gains or foreign assets, face heightened scrutiny. ClearTax CEO Archit Gupta warns that careful review can prevent tax notices and refund delays.
ITR Filing FY 2025-26: Essential Document Checklist and Penalty Risks for Finance Professionals
With the July 31 ITR filing deadline approaching, taxpayers must gather critical documents including Form 16, AIS/TIS, and Form 26AS. Late filing incurs penalties of ₹1,000 to ₹5,000, and those opting for the old tax regime may lose benefits if they miss the due date.