According to the new rules, you will be able to claim your TDS refund even if you file your income tax return late.

This proposal is important as excess tax deduction at source (TDS) creates liquidity challenges for small taxpayers. They have to wait for refunds after filing their returns. For instance, a ...

By removing the TAN requirement, Budget 2026 eliminates a key hurdle in NRI property sales. Buyers can now comply using only ...

Two Budget proposals aim to simplify TDS processes for investors and small taxpayers, reducing hassle and improving ...

Union Finance Minister Nirmala Sitharaman on Saturday announced sweeping changes to India’s income tax framework, with a ...

Union Budget 2026 details direct tax measures, TDS/TCS rate changes, new exemptions, and revised ITR deadlines for taxpayers.

The Budget proposes replacing the Income Tax Act, 1961 with the new Income Tax Act, 2025 from April 2026. The key takeaway is a simplified, modern tax law designed for easier ...

Non-resident Indians (NRIs) selling property face significant fund blockage due to complex tax regulations, urging for ...

​​The redesigned income tax return forms will be notified shortly, with the govt promising simpler language and layouts that allow ordinary taxpayers to comply without professional assistance. The FM ...

If the seller is a NRI, taxes are withheld at a higher rate, and the buyer is also required to obtain a TAN, deposit the tax deducted and file e-TDS returns.

Staring assessment year 2026-27, you might feel that filing of income tax return (ITR) has become slightly easier. With the new Income-tax Act, 2025 set to come into force from April 1, 2026, the ...

Complex tax regulations concerning property sales by Non-Resident Indians (NRIs) are causing significant financial blockages and compliance issues.