The new Act retains existing TDS rates and thresholds while reorganising provisions. It prioritises simplification and ...

Exchanges must deposit complete tax before filing the statement. Partial payment renders filing invalid. The takeaway is ...

The Income Tax Department has introduced major changes to income-tax form numbering under the Income Tax Rules, 2026, ...

Your income tax slabs don't change. What changes is how income, deductions, salary, capital gains and disclosures are ...

The IRS recently changed tip deduction rules for self-employed individuals. If you filed early, learn how to amend your tax return.

The government’s move to replace the six-decade-old income-tax rules, 1962 with a new framework from April 2026 is set to ...

The tax authority earlier stated that multiple provisions have been brought together to provide greater clarity.

Form 130 replaces Form 16 from April 2026, simplifying TDS reporting by providing structured details on income, deductions, ...

The deadline for filing income tax returns for assessment year 2025-26 was extended to September 15, 2025. Many taxpayers are ...

The Income Tax Department has notified the new Income-tax Rules, 2026, marking a significant overhaul of the decades-old tax ...

The Income Tax Act, 2025 replaces the old 1961 law from April 2026, streamlining compliance, revising deadlines, ...