From April 1, 2026, a host of income tax changes will come into effect under the new Income Tax Act, 2025. Among these, the introduction of Form 121 stands out as a key reform for senior citizens, ...
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No More ITR Hassles for TDS Refund: New Form to Replace Income Tax Return for Low-Income Earners
In a significant move aimed at simplifying the income tax filing process for low-income individuals, the Indian government is proposing a major relief in the Income Tax Bill 2025. As per the proposal, ...
Income-tax compliance calendar for May 2026 (As per ITA 1961 read with the IT Rules, 1962 for FY 25-26). The Income-tax Act, 2025 (ITA 2025) has been notified and made applicable with effect from 1 ...
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ITR filing 2026 begins: Know deadlines, updated return rules and key details before filing
The income tax return filing season for Assessment Year 2026–27 has officially started in India. The Income Tax Department ...
For now, there is no change in the mode of TDS payment. The resident buyer is required to mandatorily obtain and use a TAN for depositing TDS until September 30, 2026. The relaxation allowing ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. TDS means tax deducted at source—which ...
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