Explainer
Income Tax
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Revised ITR Deadlines, Higher STT Part of April 1 Financial Rule Changes
Full Story
Several financial rule changes took effect on April 1, 2026, including revised ITR deadlines and a higher Securities Transaction Tax (STT) on F&O trades.
How It Works
1
ITR filing deadlines
For ITR-1/2, the deadline is July 31. For ITR-3/4 (non-audit), it's August 31.
2
Revised return deadline
You can revise returns until March 31 of next year.
3
Increased STT on F&O
STT on futures rose to 0.05% and on options to 0.15%.
Common Mistakes
✕Missing the ITR deadline
✕Not reporting all income
Quick Answer
ITR deadlines are revised, and STT on F&O trades is now higher.
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