From 1 April 2026, Indian taxpayers have been introduced to major changes in the tax compliance framework, as the government rolled out the Income-tax Act, 2025, along with the Income-tax Rules, 2026.
AI Quick Read The Central Board of Direct Taxes (CBDT) recently issued an important clarification on the concept of Tax Deducted at Source (TDS) for bank interest. The CBDT issued the clarification ...
Did our AI summary help? The Central Board of Direct Taxes (CBDT) has issued a clarification regarding the definition of a "banking company" for the purpose of Tax Deducted at Source (TDS) on interest ...
With the introduction of the Income-tax Act, 2025 and corresponding Income-tax Rules, 2026, revised TDS and TCS forms will come into effect from April 1. The changes include renumbering of forms to ...
Income Tax 2026: India’s tax compliance framework is undergoing a significant reset from April 1, 2026, with the rollout of the Income-tax Act, 2025 and the accompanying Income-tax Rules, 2026. A ...
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ET Online Six key changes relating to TCS and TDS for Tax Year 2026-27 applicable from April 2026 (AI generated representative image) The Finance Bill, 2026 that was approved by Parliament a few weeks ...
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