UnionBudget2025

Government of India Accounts: First Look at FY 2025-26 Performance (May Update)

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Government of India Accounts: First Look at FY 2025-26 Performance (May Update)

Monthly review of accounts of Government of India upto May 2025 (FY 2025-26) The monthly accounts of the Government of India upto the month of May, 2025 has been consolidated and reports published. The highlights are given below: – The Government of India has received ₹7,32,963 crore (21.0% of corresponding BE 2025-26 of Total Receipts) … Read more

Missed Your ITR? New 4-Year Window Opens for Taxpayers!

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Missed Your ITR? New 4-Year Window Opens for Taxpayers

You can now file missed Income Tax Returns (ITRs) for up to four years after the relevant assessment year ends! The Union Budget 2025 has extended the deadline for filing an Updated Income Tax Return (ITR-U) from two years to four years. This is a huge relief for taxpayers who need to correct past filings. … Read more