The Bill proposes later return filing deadlines, longer revision windows, and electronic TDS certificate mechanisms. The key takeaway is reduced compliance pressure and fewer procedural ...

This proposal is important as excess tax deduction at source (TDS) creates liquidity challenges for small taxpayers. They have to wait for refunds after filing their returns. For instance, a ...

​​The redesigned income tax return forms will be notified shortly, with the govt promising simpler language and layouts that allow ordinary taxpayers to comply without professional assistance. The FM ...

The Budget proposes replacing the Income Tax Act, 1961 with the new Income Tax Act, 2025 from April 2026. The key takeaway is a simplified, modern tax law designed for easier ...

Union Budget 2026 brings major TDS and TCS changes under the Income Tax Act 2025. Check what increases, exemptions, TAN relief and who pays more from April 1, 2026.

Two Budget proposals aim to simplify TDS processes for investors and small taxpayers, reducing hassle and improving ...

In terms of tax proposals, specifically for individual and small taxpayers, rather than offering immediate tax rate ...

Budget 2026-27 introduces measures simplifying tax compliance for small taxpayers, including reduced TCS rates and ...

Finance Minister Nirmala Sitharaman unveiled a new scheme for small taxpayers. This initiative will allow them to get lower or nil tax deduction certificates through an automated process. The Income ...

Union Budget 2026 introduces a new Income Tax Act effective April 1, 2026, offering major relief through simplified ...

What will be the income tax slabs for FY 2026-27 after Budget 2026? Finance Minister Nirmala Sitharaman is presenting th ...