The move toward a uniform 2 per cent TCS significantly reduces the upfront tax burden… allowing individuals to better plan ...

Income tax calendar: Income tax last dates are not limited to just the ITR filing deadline, and taxpayers have to keep a tab ...

Income Tax Department launches upgraded TRACES portal with new TDS forms and a single tax year, simplifying compliance and ...

Starting April 1, 2026, India will implement a significant tax reform by replacing the Income-tax Act of 1961 with the new Income-tax Act, 2025. This marks a ...

New Delhi: From April 1, India has introduced the Income Tax Act 2025, replacing the six-decade-old Income Tax Act of 1961.

The Income Tax Department has rolled out a revamped TRACES portal, bringing a fresh, user-friendly approach to handling TDS-related tasks. Launched alongside the Income Tax Act 2025, this upgrade is ...

The new tax law renumbers TDS return forms and introduces a unified reporting system. The key takeaway is that compliance remains the same, but form numbers and structure are ...

Income Tax Department introduces new challans and Tax Year system from April 1, simplifying e payments but requiring care ...

As India approaches the new fiscal year FY27, the country’s direct tax system is set for a major overhaul from April 1, 2026, ...

ITR forms for AY 2026-27 are out, but taxpayers can’t file returns yet. Filing is expected to start around June only, while ...