The implementation of the Income Tax Act, 2025 from April 1, 2026 has raised several questions among taxpayers across India.
The story so far: With effect from April 1, 2026, the Income Tax Act, 2025 replaces the six-decade-old Income Tax Act, 1961. The objective is to enhance predictability, transparency, reduce compliance ...
The Income Tax Department has clarified several transition-related issues ahead of the implementation of the Income Tax Act, ...
The Income Tax Department has introduced a major overhaul in form numbering under the Income Tax Rules 2026, replacing several commonly used forms that were earlier prescribed under the Income Tax Act ...
EPFO update: Form 121 replaces 15G and 15H - What EPF members must know about new TDS rules (AI-generated image) In a significant compliance change aligned with the new tax regime, the Employees ...