The previous Income Tax Act was over 65 years old and had more than 800 sections. The new law reduces this to around 536 sections and removes many explanations and provisos that made the law ...
The Income Tax Act, 2025, scheduled for April 1, 2026, aims to replace the outdated tax law and streamline tax compliance for ...
You’ll find new deductions and new forms when you file taxes this year, thanks to the One Big Beautiful Bill Act.
India's tax compliance system is undergoing a significant overhaul with the introduction of draft Income-Tax Rules, 2026 by ...
India’s tax rulebook is preparing for a major reset. The Income Tax Department has unveiled the Draft Income-tax Rules, 2026, ...
Union Budget 2026 details direct tax measures, TDS/TCS rate changes, new exemptions, and revised ITR deadlines for taxpayers.
New Income Tax Rules 2026: During a post-budget discussion, CBDT chairman Ravi Agrawal said that the tax department plans to release the new forms and rules by February and place them in the public ...