The Income Tax Act, 2025, introduces new Form 128 for applications requesting nil or lower Tax Deducted at Source (TDS) on ...
The Budget proposes PAN-based compliance, digital certificates, and lower LRS TCS rates. At the same time, stricter monitoring rules widen the compliance ...
If your bank has deducted tax on your FD interest, that money may still be yours. You just need to know how to get it back.
New income tax rules for 2026-27 propose redesigned ITR forms with more pre-filled details, aiming for simplification. Eligibility criteria for simplified forms like ITR-1 and ITR-4 have been adjusted ...
The ITA 2025 broadly retains current TDS rates, advance tax instalments, and audit thresholds, but consultants with multiple income streams may not qualify for presumptive taxation.
Union Budget 2026 introduces a new Income Tax Act from April 1, 2026, with simplified rules. Key changes include reduced TCS rates on overseas tour packages and LRS remittances for education/medical.
TAN requirement removed and PAN-based challan introduced for resident buyers purchasing property from non-residents, easing compliance ...
Finance Minister Nirmala Sitharaman announced a series of taxpayer-friendly measures in the Union Budget 2026-27 aimed at easing compliance for small taxpayers. These include a simpler, rule-based TDS ...
Short-term lessors face an “impossible challenge” to comply with new regulations due to a lack of certainty of timelines on ...
Union budgets may not always announce big giveaways for households, but they still shape everyday money decisions in quiet ...
Income Tax Budget 2026 Highlights: Finance Minister Nirmala Sitharaman has presented the Union Budget 2026-27. No changes in the income tax slabs and income tax rates under the new or old income tax ...
Senior citizens in India who have zero tax liability have received a major compliance relief. A recent procedural ...