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LatestIncome Tax 30 June 2026

Tax Updates

The Indian government has announced several financial changes effective from July 1, 2026, including updates to Income Tax Return filing, Aadhaar linking, and bank rules. Taxpayers must file their ITR using the correct form, and those who miss the deadline may still claim their TDS refund. The tax slab rate for FY 2025-26 has also been announced, and the Income Tax Department has flagged over 20,000 ITRs for swapped provisions used to lower net tax liability.

The Indian government has introduced several financial changes effective from July 1, 2026. These include updates to Income Tax Return filing, Aadhaar linking, and bank rules.
- Taxpayers filing their Income Tax Returns using ITR-1 and ITR-2 forms must follow new norms.
- Bank customers must be aware of new financial rules.
For more information, visit the original source: https://www.ibtimes.co.in/july-1-financial-changes-itr-filing-aadhaar-updates-sbi-cards-hdfc-lounge-access-passport-fees-903373

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