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AnalysisIBEFWednesday, 2 September 2026

Over 7.8 crore ITRs filed for AY 2026-27 by August 31: Income Tax Department

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Summary
Over 7.8 crore ITRs were filed for AY 2026-27 by 31st August, a new record, per the Income Tax Department. Different deadlines apply based on audit requirements, with belated filing allowed until 31st December 2026 with applicable late fees.
Key Facts
TypeAnalysis
SourceIndia Brand Equity Foundation
PublishedWednesday, 2 September 2026
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Key Authorities
Ministry of FinanceRBISEBIDEA
Key Stakeholders
TaxpayersBanks & NBFCsInvestors
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Explore Sectors
Finance & Economy671 tracked→
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