Explains how the new Act replaces the 1961 law, simplifies drafting, introduces the “Tax Year” concept, and aims to reduce litigation and compliance ...

Courts have held that digital tax assessments cannot bypass procedural safeguards, reinforcing that fairness remains mandatory under Section ...

India's regulatory landscape has undergone a major transformation. The four national Labour Codes, active since November 2025, combined with the Income Tax Act 2025 effective April 1, 2026, mean ...

The draft rules are part of a bigger plan to modernise India's income tax system by changing how individuals think about it, ...

India is set to witness one of the most significant tax reforms in decades. Starting April 1, 2026, the Central Government will roll out a completely new income tax law, replacing the decades-old ...

These draft rules have been published for public feedback and include several changes aimed at making income tax compliance ...

Income Tax forms like Form 16 and 26AS may get new numbers from April 1 under the draft I-T Act 2026, with minimal procedural ...

Budget 2026 reshapes taxation of unexplained income. Self-reporting undisclosed income now attracts a 30% tax rate. This is a significant reduction from the previous 60% rate. Income detected by tax ...

New draft rules for the Income Tax Act, 2025, are sparking a debate between old and new tax regimes. Salaried taxpayers may ...

Check 10 completely tax-free incomes in India including PPF, Sukanya Samriddhi, agricultural income, tax-free bonds and ...