The Budget cuts harsh tax rates, eases appeal deposits, and extends filing timelines to reduce compliance stress. It signals a shift toward certainty, lower litigation, and voluntary ...

New Delhi: India will implement the Income Tax Act, 2025 from April 1, 2026. Draft Rules 2026 aim to simplify tax filing and ...

As part of the changes, the tax filing deadline for non-audit trusts has been extended to August 31, while the due date for salaried taxpayers remains unchanged at July 31.

Union Budget 2026 details direct tax measures, TDS/TCS rate changes, new exemptions, and revised ITR deadlines for taxpayers.

According to the new rules, you will be able to claim your TDS refund even if you file your income tax return late.

The Budget proposes replacing the Income Tax Act, 1961 with the new Income Tax Act, 2025 from April 2026. The key takeaway is a simplified, modern tax law designed for easier ...

If your bank has deducted tax on your FD interest, that money may still be yours. You just need to know how to get it back.

The Income Tax Act, 2025, introduces new Form 128 for applications requesting nil or lower Tax Deducted at Source (TDS) on ...

This proposal is important as excess tax deduction at source (TDS) creates liquidity challenges for small taxpayers. They have to wait for refunds after filing their returns. For instance, a ...

The Budget adopts a measured approach to personal taxation, prioritising structural improvements over immediate tax relief.