From 1 April 2026, Indian taxpayers have been introduced to major changes in the tax compliance framework, as the government rolled out the Income-tax Act, 2025, along with the Income-tax Rules, 2026.
Permanent Account Number (PAN) application procedures have become more stringent from April 1, as new mandates under Income Tax rules enforce stricter identity verification while easing compliance for ...
From April 1, 2026, the Central Board of Direct Taxes (CBDT) has introduced new rules, forms, and procedures for correcting PAN card details, marking a significant ...
Cash deposits/withdrawals in bank accounts PAN required for cash deposits above ₹50,000 in a day PAN required for cash deposits/withdrawals aggregating to ₹10 lakh or more in a financial year Purchase ...
The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is ...
The Limited Liability Partnership (LLP) is a legal business organization that combines features from partnerships and corporations. Within an LLP, partners have limited personal responsibility for the ...
The Finance Act 2023 changed section 115BAC, offering reduced tax rates in the new tax scheme for 2024-25 and beyond assessment years. This new scheme is now the default option for taxpayers and ...
India will roll out a revamped income tax system from April 1, 2026, replacing Form 16 with Form 130, redesigning ITR forms and moving to a fully digital, data-driven filing process. No Form 16 from ...
The Income-tax Act, 2025 comes into force from April 1. Representational Image/AI-generated The new Income-tax Act, 2025, is set to come into effect from April 1, replacing the Income-tax Act, 1961.
ITR filing changes from April 1, 2026: Form 16 replaced, updated ITR forms — what it means for you (AI-generated image) From April 1, 2026, filing your income tax return (ITR) may not feel the same.
Did our AI summary help? The Income Tax Department has introduced major changes to income-tax form numbering under the Income Tax Rules, 2026, replacing several widely used forms that were previously ...
The Haryana government has made it mandatory for private schools to submit Form-VI, a declaration detailing their fee structure, for the 2026–27 academic session. As per the order issued by the ...
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