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Union Budget 2026 eases and extends income‑tax compliance: the government has lengthened the time window to revise income‑tax returns on payment of a nominal fee, while keeping the ITR‑1 and ITR‑2 filing deadline unchanged at 31 July for individuals. TDS on sale of immovable property by NRIs will now be deducted directly by the resident buyer without needing a TAN, and taxpayers will be allowed to update their returns even after reassessment, subject to paying an additional 10% tax on the updated income. Watch full income tax announcement here. INDIA NEWS #UnionBudget2026 #IncomeTax #ITR #TDS #NirmalaSitharaman #TaxReform #ITR1 #ITR2 #NRI #UpdatedReturn Download the Hindustan Times App from Playstore/App Store for all the latest news & updates. google app store : https://play.google.com/store/apps/de... Apple Store : https://play.google.com/store/apps/de... Add Hindustan Times as your preferred source on Google. Click here: https://www.google.com/preferences/so... Hindustan Times Videos brings all the News for the Global Indian under one umbrella. We break down news from across the globe from the unique lens of a Rising India. Tune in for Explainers, Opinions, Analysis and a 360 degree view of big events in India and the World which impact your present and future. Follow the Hindustan Times Channel on WhatsApp for News Alerts, Top Stories and Editor picks. Join Us Today - https://www.bit.ly/3PQ4kSv Subscribe to the Hindustan Times YT channel and press the bell icon to get notified when we go live. Visit our website https://www.hindustantimes.com/ Follow us on Twitter / httweets Follow us on Facebook / hindustantimes