The new Act retains existing TDS rates and thresholds while reorganising provisions. It prioritises simplification and ...
As of January 1, 2026, failure to link PAN with Aadhaar renders the PAN inoperative, preventing taxpayers from filing Income ...
With the financial year drawing to a close, several changes in income-tax rules take effect from April 1, making it important ...
If a senior citizen earns income beyond pension and interest, the exemption is withdrawn. The ruling mandates return filing in such cases. This prevents misuse of simplified ...
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 ...
ITR-U: The concept of ITR-U was introduced by the government a few years ago to allow taxpayers to voluntarily disclose previously unreported or underreported income. Unlike a revised return—which is ...
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 ...
From rules on TDS and TCS to pension reforms, ITR deadline extension for certain categories and new tax exemptions, one must ...
The deadline for filing income tax returns for assessment year 2025-26 was extended to September 15, 2025. Many taxpayers are ...