The Income Tax Act 2025 has overhauled the 1961 law by introducing new section numbers, a unified “Tax Year,” and simplified compliance structures. The article explains the key renumbered provisions ...

The Income Tax Act 2025 introduces mandatory reporting of high-value gifted immovable properties exceeding ₹45 lakh. The amendment significantly expands the SFT framework and increases scrutiny of ...

The new Income Tax Act, 2025 provides for digital search and seizure, empowering income tax authorities to seize digital ...

No ITR filing required? Check who qualifies for exemption under Section 194P, how Form 125 works, and which senior citizens ...

With the overhauled Income Tax Act taking effect from 1 April, taxpayers must prepare for new rules—and the renewed old vs new tax regime debate.

The new Income-tax Act, 2025, will overhaul several commonly used tax forms from April 1, 2026, replacing old formats with new form numbers and unified reporting structures. From Form 16 and 26AS to ...

Income Tax: Last week, FM Nirmala Sitharaman launched the upgraded version of the existing e-filing portal – Income Tax Website Version 2.0 – which is set to come into effect from April 1 in line with ...

April 1, 2026 not just signals the start of the new financial year 2026-27, but this time also brings with it a new set of income tax rules. The New Income Tax Rules 2026, based on the Income Tax Act ...

https://www.thehindubusinessline.com/economy/new-income-tax-bill-omits-deduction-for-inter-corporate-dividends-under-concessional-rate/article69220300.ece Copy The ...