Four key changes to Income Tax Return (ITR) assessment rules will be effective from April 2026 for Tax Year 2026-27. These ...

Starting April 1, 2026, new Income Tax Act and Rules bring significant changes for Tax Year 2026-27. Key updates include ...

In India, asset transfers are subject to capital gains tax in the year of transfer, with mandatory reporting in ITR-2 or ...

With the rollout of the Income Tax Act, 2025 and new compliance rules, key changes have been introduced to ITR deadlines, ...

Income Tax Act 2025: India’s tax landscape is getting a major reset starting today, April 1. While the big shift to a new tax law promises simplification, the immediate reality is a mix of relief, ...

PM IST ...

Kar Saathi is intended to address long-standing issues of information gaps and complexity in the tax ecosystem. Many ...

New Income Tax Return forms are here for Assessment Year 2026-27. A key change is a new field for a secondary address.

ITR-1 can now be used to report income from up to two house properties. Earlier, taxpayers with more than one property had to file ITR-2 or ITR-3, which involved more detailed disclosures. The change ...

Shift to a unified tax year and streamlined compliance aims to simplify the code, though it introduces tighter verification for claims and higher transaction costs for active traders ...