The new tax law renumbers TDS return forms and introduces a unified reporting system. The key takeaway is that compliance remains the same, but form numbers and structure are ...
The law restricts TDS corrections to a limited window ending 31 March 2026 for past years. Missing the deadline may result in ...
How To File TDS: Tax Deducted at Source, commonly known as TDS, is a system where tax is deducted at the point of income. If ...
The Central Board of Direct Taxes (CBDT) has extended the deadline for issuing TDS certificates for the quarter ending ...
New income tax rules: Significant income tax changes are coming from April 1, 2026, with the Income Tax Act of 2025 replacing ...
From April 1, 2026, India introduces Form 130, redesigned ITR forms, and automated filing to simplify income-tax submissions, ...
India’s TDS and TCS framework is set for a major overhaul from April 1, 2026, with new forms, revised rates, and simplified compliance rules. The changes aim to streamline tax reporting while reducing ...
India’s new Income-tax Act, 2025, effective April 1, 2026, will introduce a major shift in tax documentation by replacing Form 16 with Form 130, while also renaming several other commonly used tax ...
An inactive PAN cannot be used on the income tax portal, effectively blocking taxpayers from filing returns. Any pending ...