Several income tax changes will take effect from April 1, 2026, including new ITR filing deadlines, higher STT rates, an ...

With the financial year drawing to a close, several changes in income-tax rules take effect from April 1, making it important ...

India's Income-tax Act, 2025 will replace the 1961 Act from April 1, 2026, introducing a 'Tax Year', revised ITR due dates, increased STT rates, and new rules for share buybacks.

Once you qualify as a Resident and Ordinarily Resident under ITA, your global income becomes taxable in India.

Income Tax Act 2025 to Take Effect from April 1, 2026: Major Changes for Taxpayers India’s direct taxation system is set to ...

From April 1, 2026, new Income-tax Rules will change how salary perks, employer housing, car benefits, loans and gifts are taxed. The draft rules also clarify limits on free meals, retirement fund ...

The Tribunal noted that the assessment proceedings were conducted during the COVID-19 pandemic and the assessee could not respond to certain notices. The case was restored for reconsideration after ...

New Delhi: Several important changes in India’s tax system will come into effect from April 1, 2026. The new Income-tax Act, 2025 will replace the Income-tax Act, 1961, which has been in place for ...

The Union Budget 2026 introduced several amendments to the Income Tax Act, aimed at simplifying regulations for taxpayers and reducing the procedural burden associated with compliance. Key changes ...

The High Court ruled that genuine clerical mistakes in GST returns cannot justify tax proceedings when the correction only reflects the true nature of transactions and causes no loss to the ...

The Centre clarified on several topics, ranging from the rollout of EPFO 3.0 and faster claim settlements to the factors behind rising health insurance premiums, as well as the government’s efforts to ...

Gov. Kathy Hochul on Sunday quickly dismissed the idea of a two-year freeze on utility rates backed by Assembly Democrats.