Income tax returns to be filed in the upcoming assessment year 2026-27 will continue to be governed by the existing rules and return forms, with no immediate change for taxpayers, Central Board of ...
India’s income tax system will undergo a major overhaul from April 1, 2026, according to various reports. The Income Tax Department has released the draft Income-tax Rules, 2026, along with draft ...
The drafts have been opened for public comments for 15 days, until February 22, 2026. The tax department has invited taxpayers, professionals and industry bodies to review the proposals and share ...
The Brooklyn Nets are giving two of their top players the night off following a win over the Washington Wizards. Michael Porter Jr. and Egor Demin were ruled out for Monday's matchup with the Chicago ...
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Draft income tax rules and forms out: Taxpayers can submit comments till this date — here's how to share feedback
Draft Income tax rules and forms out: Central Board of Direct Taxes (CBDT) on Saturday, 7 February 2026, released its draft income tax rules and forms for public feedback, according to an official ...
Draft Income-tax Rules, 2026 propose major renumbering of tax forms from April '26 New rules simplify return filing and standardize compliance for taxpayers Tax pros must update systems before April ...
NEW DELHI, Feb 8: The Income Tax department on Sunday said it has invited inputs and suggestions from stakeholders on the draft tax rules and forms under the new Income Tax Act, 2025, which will come ...
With less than two months to go before India’s biggest direct tax overhaul in six decades takes effect, the income-tax (I-T) department has invited public and stakeholder feedback on the draft ...
The Ministry of Finance has announced that the Central Board of Direct Taxes is seeking stakeholder inputs on the proposed Income-tax Rules and Forms framed under the Income-tax Act, 2025, which will ...
Draft Form 26 is intended to replace and modernize the existing tax audit reporting framework. It operationalizes section 63, which mandates audit reporting for certain categories of taxpayers engaged ...
Finance Minister Nirmala Sitharaman said on Budget Day that the Income Tax Act 2025 will come into effect from April 1, 2026 and the I-T forms have been redesigned such that ordinary citizens can ...
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