Form 16 becomes Form 130 and 26AS turns into 168 from April 1, 2026. Check full list of renamed income tax forms under the ...
Overview UPI is transforming how Indians pay bills, shop, and transfer money. It has now simplified income tax compliance as well.The Income Tax Department allo ...
Draft Income-Tax Rules 2026 aim for voluntary compliance but require crucial changes to prevent taxpayers from paying twice. Key issues include protecting deductees from deductor defaults, ...
However, the good news is that at least the payment process is now a lot easier. You no longer have to rely just on online banking. The Income Tax Department now allows UPI as a payment mode, which ...
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 ...
TAN requirement removed and PAN-based challan introduced for resident buyers purchasing property from non-residents, easing compliance ...
Filing your Income Tax Return (ITR) on time is important, but rushing at the last minute often leads to mistakes. If you filed your ITR in a hurry for Assessment Year (AY) 2025–26 and later realized ...