Tax Day 2024 News Today. Today, july 31, is the last day to file your income tax returns, so here is all you need to know to do so quickly — including the deadline, penalty for. The national income tax day dates back to 1860, when the income tax was first imposed in india by sir james wilson in 1860.

From deadlines and deductions to brackets and your refund, here are answers to common questions about the 2024 tax season. New tax regime made more attractive for small taxpayers with revised tax slabs, higher standard deduction | no changes in old tax.