India Business
ITR Filing 2026: Your Last Date and the Regime Call, Settled
ITR-1 and ITR-2 are due 31 July 2026; ITR-3 and ITR-4 (no audit) now get till 31 August 2026
The new regime is the default and makes income up to Rs 12 lakh tax-free via the Section 87A rebate
Salaried filers add the Rs 75,000 standard deduction, so roughly Rs 12.75 lakh can be tax-free
Old regime only wins if your deductions are large; non-business filers can switch inside the ITR each year
Miss the date and a belated return is allowed till 31 December 2026 with a fee up to Rs 5,000
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