Clipped from: https://www.businesstoday.in/personal-finance/tax/story/income-tax-rules-2026-form-121-simplifies-tds-process-for-senior-citizens-523555-2026-04-01 Until now, senior citizens relied on Form 15H to declare that their income was below the taxable limit and to prevent TDS on
Category: Income Tax
New Income Tax Rules kick in: Old vs new regime — What changes in deductions, exemptions and rebates for taxpayers? – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/new-income-tax-rules-kick-in-old-vs-new-regime-what-changes-in-deductions-exemptions-and-rebates-for-taxpayers-4191140/ New Income Tax Rules have come into effect from April 1, bringing key changes in exemptions, allowances, and perquisites. While the old tax
New Income Tax Rules 2026: 7 lesser-known benefits in new tax regime that can help you save more tax – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/new-income-tax-rules-2026-7-lesser-known-benefits-in-new-tax-regime-that-can-help-you-save-more-tax-4191747/ Most traditional deductions are no longer available under the new tax regime, the official notification on new Income Tax Rules 2026 shows that
Income Tax Department website revamp: Site offers links for new ITR forms, e-pay tax, e-verification, e-PAN, payment status and many other tasks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/income-tax-department-website-revamp-site-offers-links-for-new-itr-forms-e-pay-tax-e-verification-e-pan-payment-status-and-many-other-tasks/articleshow/129943162.cms ET Online-Income Tax Dept website revamped: What’s new The Income Tax (I-T) Department has rolled out a revamped e-filing portal to support the shift to
New form for correction in PAN related details: CBDT notifies new online and offline forms for modification in PAN card details; check the guideline and how it works – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/new-form-for-correction-in-pan-related-details-cbdt-notifies-new-online-and-offline-forms-for-modification-in-pan-card-details-check-the-guideline-and-how-it-works/articleshow/129944841.cms ET OnlineCBDT notifies new online and offline PAN card details correction forms and guidelines; Know the details (AI generated representative image) On April
PAN rules change from April 1: Higher PAN quoting limits; new Form 93; additional documents required for application and more – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/pan-rules-change-from-april-1-higher-pan-quoting-limits-new-form-93-additional-documents-required-for-application-and-more/articleshow/129947478.cms ET OnlinePAN rule changes from April 1: What you need to know The rollout of the new income tax framework under the Income-ax
ITR forms out for FY 2025-26: When will e-filing start on income tax portal?
The Income Tax Department has notified all seven ITR forms, along with ITR-V and ITR-U, for the Assessment Year 2026-27 (Financial Year 2025-26). This has led
NRI Taxation: What changes in Income-tax Act 2025 from April 1 and what stays the same?
NRI Taxation: What changes in Income-tax Act 2025 from April 1 and what stays the same? NRI Taxation: What changes in Income-tax Act 2025 from
7 big changes in financial rules from April 1: How they will impact your salary, ATM use and savings
7 big changes in financial rules from April 1: How they will impact your salary, ATM use and savings 7 big changes in financial rules
PAN card new rules from April 1, 2026: Application process, documents, key changes
https://www.financialexpress.com/money/pan-card-new-rules-from-april-1-2026-application-process-documents-key-changes-4189400/ New PAN card rules from April 1 will impact applications, banking transactions and property purchases. Several key changes related to the Permanent Account Number will come
Unrealised tax demands rise to ₹38 lakh cr by FY25-end
https://www.thehindubusinessline.com/data-stories/data-focus/unrealised-tax-demands-rise-to-38-lakh-cr-by-fy25-end/article70807046.ece Indian tax authorities have continued to raise tax demands, both in direct and indirect taxes, resulting in a strong growth in unrealised tax demands
ITR forms notified for AY27, experts advise assessees to scan their books more carefully
ITR forms notified for AY27, experts advise assessees to scan their books more carefully ITR forms notified for AY27, experts advise assessees to scan their
New income tax law from Wed: ITR, HRA, PAN and tax rules explained
https://www.business-standard.com/finance/personal-finance/new-income-tax-law-from-wed-itr-hra-pan-and-tax-rules-explained-126033100550_1.html India’s income tax framework undergoes a structural reset from Wednesday, introducing a new law and tighter compliance rules affecting salaried individuals, traders, investors and
Meal cards to offer Rs 1.05 lakh income tax exemption: New changes for salaried taxpayers under Income Tax Rules 2026 to be effective from April this year – The Economic Times
Salaried employees who get the benefit of meal coupons, meal vouchers, meal cards like Sodexo/Pluxee, Zaggle), or subsidised food from the office canteen, can now
*******What is the simplest way to gift money to my daughter living abroad? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/no-chill-without-volatility-prateek-agrawal-on-playing-the-long-game-in-indias-new-market-era/articleshow/122765564.cms These are a set of queries raised by ET Wealth readers, which have been answered by our panel of experts. I want to
*******From April 1, your salary may look different — but your tax outgo is the real change – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/from-april-1-your-salary-may-look-different-but-your-tax-outgo-is-the-real-change-4179985/ From April 1, salary structures may become simpler and more direct as the new tax regime takes centre stage, shifting the real focus
*******I Tax Act, 2025 New tax rulebook from April 1: What really changes for salaried taxpayers – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/i-tax-act-2025-new-tax-rulebook-from-april-1-what-really-changes-for-salaried-taxpayers-521705-2026-03-21 The Central Board of Direct Taxes (CBDT) has notified the Income-tax Rules, 2026, to implement the Income-tax Act, 2025, introducing higher HRA benefits
*******Shilpa Shetty gets Rs 12.54 crore gift from Raj Kundra, his income Rs 27.71 lakh; tax dept flags mismatch – what ITAT said – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/shilpa-shetty-gets-rs-12-54-crore-gift-from-raj-kundra-his-income-rs-2771-lakh-tax-dept-flags-mismatch-what-itat-said-4179526/ The ITAT Mumbai has sent back Shilpa Shetty Kundra’s ₹12.54 crore gift case for fresh examination after finding gaps in the money trail.
WhatsApp chats lead to Rs 22.5 crore tax demand for a taxpayer – ITAT ruling clarifies what counts as evidence – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/whatsapp-chats-lead-to-rs-22-5-crore-tax-demand-for-a-taxpayer-itat-ruling-clarifies-what-counts-as-evidence-4175189/ ITAT Delhi deleted a Rs 22.5 crore tax addition made on the basis of WhatsApp chats and third-party digital data, ruling that such