Income tax return filing deadline of July 31 needs to be extended: Will Budget 2025 provide this tax relief to salaried, other taxpayers?

Changes were made in the July Budget to reduce the complexity of the capital gains tax calculations and give some income tax relief to salaried individuals. In addition to individual taxpayers' expectations for tax breaks, there has been a long-standing ask for sufficient time after the financial year-end to complete income tax return filings.

from Tax-Wealth-Economic Times https://ift.tt/SFCZQBp