The drafts have been opened for public comments for 15 days, until February 22, 2026. The tax department has invited ...
India’s income tax system will undergo a major overhaul from April 1, 2026, according to various reports. The Income Tax ...
All the rules and forms under the Act, which will take effect beginning April 1 this year, will be notified at one go. Through the new forms, the department aims to capture the data in a manner that ...
New Delhi: India will implement the Income Tax Act, 2025 from April 1, 2026. Draft Rules 2026 aim to simplify tax filing and ...
Officials said that substantive changes under the new framework—particularly on data sharing and third-party reporting—will take effect only in subsequent years.
India’s tax rulebook is preparing for a major reset. The Income Tax Department has unveiled the Draft Income-tax Rules, 2026, ...
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Income tax return forms to be updated soon: What taxpayers can expect in the new ITR format
The Income Tax Department is expected to release updated Income Tax Return (ITR) forms for the financial year 2025–26 in the ...
In her Union Budget 2026 speech on February 1, FM Nirmala Sitharaman had said, “The simplified Income Tax Rules and Forms will be notified shortly, giving adequate time to taxpayers to acquaint ...
The new law consolidates all TDS provisions into a single structured section with three tables for residents, non-residents, ...
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