New Income Tax Act: A major chapter is about to be added to India's tax history. The central government has decided to consign the 64-year-old Income Tax Act, 1961, to the pages of history. A ...

The Income Tax Department has released the Draft Income-tax Rules, 2026, along with draft forms to implement the Income-tax Act, 2025, offering the first detailed glimpse into how India’s revamped tax ...

The Income Tax Department is likely to notify the draft Income Tax Rules, 2026 and the accompanying forms in the first week ...

Run the numbers: For 2025, the standard deduction is $31,500 for married couples and $15,750 for singles. If your total ...

What do the draft income tax rules mean for the common man? How does the calculation math for the old vs new income tax regime change? How much more tax can you now save under the old regime with ...

The drafts have been opened for public comments for 15 days, until February 22, 2026. The tax department has invited ...

The Income Tax Department has released draft rules under the new Income Tax Act, 2025, to simplify provisions and reduce ...

A major focus of the draft rules is to make income-tax return (ITR) filing simpler under the new law. The government has ...

The Centre has released the draft rules for the New Income Tax Act, 2025, which may make the old tax regime more attractive ...

New Income Tax Draft Rules: The Central Board of Direct Taxes (CBDT) is expected to finalise the Income Tax Rules after ...