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LatestCorporate Compliance 1 August 2026

Budget 2026 Eases ITR Filing

Budget 2026 introduces a staggered compliance calendar to ease the rush of income tax return filings, with new deadlines for different categories of taxpayers, including salaried and non-business individuals, and those requiring audit, the new deadlines are 31 July for ITR-1 and ITR-2, and other dates for ITR-3 and ITR-4, this move is expected to reduce the last-minute rush and make the filing process more manageable for taxpayers

Budget 2026 introduces a *staggered compliance calendar* to ease the rush of income tax return filings. The new deadlines are as follows:
- ITR-1 and ITR-2 (salaried/non-business): 31 July
- ITR-3 and ITR-4 (non-audit): other dates
This move is expected to reduce the last-minute rush and make the filing process more manageable for taxpayers. The new deadlines are part of the government's efforts to simplify the tax filing process and reduce the burden on taxpayers.

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