India’s income tax system will undergo a major overhaul from April 1, 2026, according to various reports. The Income Tax ...

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

The previous Income Tax Act was over 65 years old and had more than 800 sections. The new law reduces this to around 536 sections and removes many explanations and provisos that made the law ...

India has moved from a uniform ITR deadline to a category-based system linked to audits and income complexity. The reform improves compliance efficiency while remaining rooted in statutory ...

Officials say data driven checks nudge campaigns and migration to new tax regime curb excess claims while flagged returns face closer scrutiny ...

A legal and practical analysis of India’s tax complexity, challenges faced by taxpayers, judicial insights, and reforms aimed at simplification and ...

All the rules and forms under the Act, which will take effect beginning April 1 this year, will be notified at one go. Through the new forms, the department aims to capture the data in a manner that ...

India is set to witness one of the most significant tax reforms in decades. Starting April 1, 2026, the Central Government ...

Budget 2026 brings major relief to taxpayers by allowing revised and updated ITR filing, reduced penalties, and immunity from ...