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New Income Tax Rules Decoded: How fewer forms, tax-free perks and higher HRA benefit taxpayers

Central Board of Direct Taxes has released draft Income-tax Rules and Forms to simplify compliance under the Income-tax Act, 2025,…

Updated: February 11, 2026 07:10 IST

Draft IT rules raise threshold for quoting PAN

The draft Income Tax Rules, 2026 propose revised perquisite norms that will apply to both the old and new tax…

February 10, 2026 00:42 IST

Employee allowances to PAN requirements for cash deposits and car purchases – New I-T draft rules explained

The proposed Income Tax Rules will be will be notified by the first week of March after incorporating public comments.…

February 9, 2026 20:26 IST

The draft income-tax rules make it clear that several salary-linked exemptions and non-taxable perquisites continue to be available even if a taxpayer opts for the new tax regime.

Budget 2026 eases jail rules for tax evasion? New imprisonment norms explained for taxpayers

Budget 2026 rewrites key prosecution provisions under the new Income Tax Act, replacing harsh jail terms with graded penalties while…

Updated: February 4, 2026 09:34 IST

Invest in India, pay zero tax? NRIs get a 5-year income tax exemption, only on these investment

Budget 2026 brings big relief for NRIs as Finance Minister Nirmala Sitharaman announces a 5-year tax holiday for capital goods,…

Updated: February 1, 2026 17:23 IST

The court denied treaty benefits to the firms under the India-Mauritius Double Taxation Avoidance Agreement (DTAA) despite Tax Residency Certificates (TRCs).

Assessment proceedings in Tiger Global case to revive soon: CBDT sources

“All tax disputes can’t be labelled as overreach”

January 16, 2026 23:27 IST

Realtors want real sops to prop up affordable housing

Sales of affordable housing – those with a price of Rs 45 lakh and carpet area of 60 square metres…

January 14, 2026 21:58 IST

Income tax filing overhaul in 2026: Pre-filled returns, simpler law, fewer hassles

Income tax return filing to be much easier in 2026: Here are key changes to be introduced

From April 1, 2026, income tax return filing is set to become significantly easier with the new Income-tax Act, 2025.…

January 12, 2026 17:08 IST

Waiting for tax refund for AY 2025-26? Why you may have to wait for even 1 year

Income tax refund delay: You may have to wait for even 1 year to get ITR refunds – know why

Income tax refund delays beyond December 31 are not uncommon, as there is no penal consequence for the department during…

January 7, 2026 15:18 IST

New NPS taxation rules: Your lump-sum withdrawal is now taxable — all you need to know

NPS subscribers can now withdraw up to 80% of their retirement corpus as a lump sum, but the income tax…

January 4, 2026 18:54 IST

Income tax refund delay as taxpayers check pending refund status for AY 2025-26

When will income tax refunds come? Over 73 lakh AY 2025-26 tax returns still unprocessed

More than 73 lakh taxpayers are still waiting for their income tax returns to be processed for AY 2025-26. With…

December 25, 2025 10:55 IST

Your social media accounts, emails, digital assets on Income Tax Dept’s radar from April 1, 2025? Govt clarifies

A viral social media claim has sparked fears that income tax officials will gain access to emails, social media accounts…

December 23, 2025 18:58 IST

Your income tax queries answered: File revised returns if AIS is showing additional income

By filing a revised return, you can ensure that your income records are accurate and fully compliant with the Income…

December 20, 2025 08:36 IST

ITR Filing, ITR refunds, ITR filing with foreign income, ITR revised, taxpayers with foreign income

New ITR forms under I-T Act to be notified before FY28

The new Income Tax Act, enacted on August 21, 2025, will come into effect from April 1, 2026, replacing the…

December 9, 2025 00:18 IST

CBDT chief says ITR forms under new Income Tax Act to be notified by January, effective from April 1.

New Income Tax Act: Simplified ITR forms and rules effective from April 1, says CBDT chief

The Income Tax department will implement simplified ITR forms and rules under the new Income Tax Act, 2025, effective April…

November 17, 2025 18:21 IST

Budget 2026-27: 5 big income tax changes taxpayers are eagerly waiting for

As the Modi government gears up for Budget 2026-27, taxpayers across India are hoping for meaningful relief, easier compliance, and…

October 30, 2025 22:12 IST

Relief for taxpayers: Tax Audit Report filing due date extended - Check new deadline

Relief for taxpayers: CBDT extends due date for filing tax audit reports – Check new deadline

This comes on the heels of two High Courts in the country – the Karnataka High Court and the Rajasthan…

September 25, 2025 17:00 IST

Income tax refunds drop 24% even as net direct tax collections grow in FY26- Check full details

Income tax refunds drop 24% even as net direct tax collections grow – Check full details

Between April 1 and September 17, 2025, the government issued income tax refunds of only Rs 1.61 lakh crore. This…

September 19, 2025 12:17 IST

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