With less than two months to go before India’s biggest direct tax overhaul in six decades takes effect, the income tax (I-T) ...

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 ...

Draft Income-tax Rules and Forms have been released for public feedback before the new law takes effect, with inputs to shape the final ...

The old tax regime refers to the income tax calculation and slabs that existed before the introduction of the new tax regime in 2020. Old tax regime has higher tax rates, but taxpayers get exemptions.

Draft rules and forms placed in public domain for 15 days as part of preparatory work for implementation of Income-tax Act, ...

The broader objective of the new law and rules is to widen the tax base while simplifying compliance. While nearly 9 crore ...

Public feedback and comments have been invited before finalising the rules, which will be notified by the first week of March, said CBDT chairman Ravi Agrawal.

The Central Board of Direct Taxes (CBDT) is preparing for the implementation of the new Income Tax Act, 2025, set to roll out ...

CBDT directs adjournments in court and ITAT cases as Finance Bill 2026 proposes clarificatory amendments to key Income Tax Act provisions on limitation, TPO orders, DIN, and reassessment ...

CBDT invites stakeholders to provide input on proposed Income Tax Rules aligned with the Income Tax Act, 2025.

This will be on the back of the New Income Tax Act,1961, which will come into effect from April 1 as well as the announcements in the Union Budget 2026-27 that include several measures aimed at ...

According to officials, the proposed rules have been recast to match the framework of the Income-tax Act, 2025, with a focus ...