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 ...
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Income tax return forms to be updated soon: What taxpayers can expect in the new ITR format
The Income Tax Department is expected to release updated Income Tax Return (ITR) forms for the financial year 2025–26 in the coming weeks. This move comes ahead of the implementation of the new Income ...
India's income tax system is about to enter a new era. The government is preparing to implement the Income Tax Act, 2025, from April 1, 2026. This will replace the nearly six-decade-old Income Tax Act ...
This guide breaks down India’s income tax system, including tax heads, old vs new regimes, and core principles like equity and ...
India’s tax rulebook is preparing for a major reset. The Income Tax Department has unveiled the Draft Income-tax Rules, 2026, along with draft forms designed to operationalise the Income-tax Act, 2025 ...
Review India tax compliance calendar for March 2026, outlining key dates & reporting needs for timely filings & regulatory obligations.
The government has come out with draft income tax forms that seek disclosure of tenant-landlord relationship for claiming I-T ...
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