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

Draft Income-tax Rules, 2026 propose major renumbering of tax forms from April '26 New rules simplify return filing and ...

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

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’s new Income-tax rules promise simpler compliance through fewer forms and pre-filled returns. But by reviving Old Regime exemptions, they risk making tax choices harder for salaried taxpayers.

Income-tax Rules: The Income Tax Department has released draft Income-tax Rules, 2026, effective April 1, 2026, simplifying ITR filing forms and procedures. These draft rules, open for public feedback ...

India's new Income-tax framework, set to begin in 2026, aims to simplify tax compliance by reducing the number of rules and forms significantly.

The Indian government has announced a landmark reform in direct taxation with the new National Income Tax Act, replacing the 1961 law. Effective from April 1, 2026, the new law simplifies income tax ...

Income Tax Department unveils new Income Tax Act, 2025 rules with simpler returns, higher exemptions, and streamlined compliance for taxpayers in India.

The Central Board of Direct Taxes ( CBDT) has unveiled the draft income tax (IT) rules under the Income Tax Act, 2025, which is scheduled to take effect from April 1, 2026. In line with the simplified ...

UAE residents investing in Indian mutual funds can claim tax benefits. They must obtain a Tax Residency Certificate (TRC) from the UAE. Filing Form 10F is also crucial if the TRC lacks required ...