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Personal Finance News

The Economic Times

Personal Finance / The Economic Times

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What is the fee for filing revised ITR by March 31 as announced in Budget 2026?

New rules allow taxpayers to file revised income tax returns until March 31 for a fee. This extension, effective from April 1, 2026, benefits individuals with international tax obligations. A fee of Rs 5,000 or Rs 1,000 applies based on taxable income. This change provides more time to correct errors in filed returns, addressing a long-standing taxpayer demand.

2 Feb 2026 7:00 am