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 ...
Form 121: A new combined form, now replaces Forms 15G and 15H. This simplifies the process for individuals and senior ...
New income tax rules: Significant income tax changes are coming from April 1, 2026, with the Income Tax Act of 2025 replacing ...
The Income Tax Department has notified all seven ITR forms—along with ITR-V and ITR-U—for Assessment Year 2026-27 (Financial ...
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 income tax rules from April 1, 2026, bring major changes to HRA, TDS, filing, and investment rules. Here’s what taxpayers ...
The Income Tax Department has introduced major changes to income-tax form numbering under the Income Tax Rules, 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 ...
The new Income-tax Act, 2025 has been introduced with effect from 1st April 2026, replacing the earlier Income-tax Act, 1961.
Form 121 replaces Form 15H, which is filed by senior citizens, as well as Form 15G, which is filed by individuals below the ...