New income tax rules for 2026-27 propose redesigned ITR forms with more pre-filled details, aiming for simplification. Eligibility criteria for simplified forms like ITR-1 and ITR-4 have been adjusted ...
Experts expect fewer irrelevant disclosures, better system stability and smoother reconciliation with AIS in FY26 returns ...
India's income tax system is about to enter a new era. The government is preparing to implement the Income Tax Act, 2025, ...
The draft Income-tax Rules, 2026, propose several income-tax forms that were earlier prescribed under the Income-tax Rules, 1962. The CBDT is expected to notify the draft income tax rules by the first ...