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 ...
The Bill proposes later return filing deadlines, longer revision windows, and electronic TDS certificate mechanisms. The key takeaway is reduced compliance pressure and fewer procedural ...
Union Finance Minister Nirmala Sitharaman on Saturday announced sweeping changes to India’s income tax framework, with a ...
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 ...
​​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 ...
Budget 2026 introduces a New Income Tax Act effective April 1, 2026, with staggered ITR filing deadlines and reduced TCS on ...
Union Budget 2026 brings major TDS and TCS changes under the Income Tax Act 2025. Check what increases, exemptions, TAN relief and who pays more from April 1, 2026.
Two Budget proposals aim to simplify TDS processes for investors and small taxpayers, reducing hassle and improving ...