The Budget proposes PAN-based compliance, digital certificates, and lower LRS TCS rates. At the same time, stricter monitoring rules widen the compliance ...
The Income Tax Act, 2025, introduces new Form 128 for applications requesting nil or lower Tax Deducted at Source (TDS) on ...
Budget 2026 delivered significant relief through a rationalisation of TDS and TCS provisions. The TCS rate on overseas tour ...
The updated system introduces Form 128, which taxpayers can use to request a certificate allowing TDS to be deducted at a ...
The Tribunal emphasized that substantive justice prevails over technical PAN mismatch. Since income of the deceased was offered and accepted, TDS credit had to be allowed to the legal ...
Union Budget 2026 by Nirmala Sitharaman eases tax compliance, lowers TCS rates, and boosts investment access for PROIs and non-residents. Discover key reforms.
Key Budget 2026 questions answered as the government rolls out income-tax reliefs and compliance reforms to simplify procedures and reduce taxpayer burden ...
The Income Tax Department has released the Draft Income-tax Rules, 2026, along with draft forms to implement the Income-tax Act, 2025, offering the first detailed glimpse into how India’s revamped tax ...
New Delhi: From April 1, 2026, several familiar income tax forms will get new numbers. This change will happen because the Income-tax Act, 2025 and the Draft Income-tax Rules, 2026 will come into ...
The Income Tax Department is set to rename Form 16 and 26AS from April 1, following the implementation of the new Income-tax ...