Income tax refunds for the 2025-26 assessment year are being credited. Some taxpayers are still waiting for their refunds.

Many car buyers in India are unaware they can claim a tax refund on Tax Collected at Source (TCS). Sellers deduct 1% TCS on ...

T Return forms simple to ease compliance under the new law, which replaces the six-decade old Income Tax Act, 1961 ...

Taxpayers struggling with long income tax refund delays may finally get some relief if the income tax department accepts this ...

Taxpayers across India are experiencing income tax refund delays in 2025 even after filing their ITR well on time. According to officials, the income tax refund delays are mainly due to increased ...

To ease the burden on affected taxpayers, the law provides for interest on delayed refunds through Section 244A of the Income ...

According to the Income Tax Department's website over 7.57 crore Income Tax Returns (ITRs) were filed for the Assessment Year (AY) 2025-26 as of September 23, 2025. While the numbers look healthy on ...

Many taxpayers still face long, confusing waits for refunds despite system upgrades. Deloitte’s Budget 2026 wishlist says ...

In earlier TOI Blogs, this writer has mentioned the inequity of the Income Tax Act and it’s provisions and why it is a regressive legislation for individuals.  The main reasons why India’s Income Tax ...

Taxpayers will receive the full compliance framework for the revamped Income Tax Act, 2025 by January, with simplified return ...

ELSS funds come with a three-year lock-in period, which si the shortest amongst all other tax-saving options. The scheme ...