The drafts have been opened for public comments for 15 days, until February 22, 2026. The tax department has invited ...

Draft Income-tax Rules, 2026 propose major renumbering of tax forms from April '26 New rules simplify return filing and ...

India’s income tax system will undergo a major overhaul from April 1, 2026, according to various reports. The Income Tax ...

India's new Income-tax framework, set to begin in 2026, aims to simplify tax compliance by reducing the number of rules and forms significantly.

All the rules and forms under the Act, which will take effect beginning April 1 this year, will be notified at one go. Through the new forms, the department aims to capture the data in a manner that ...

The income tax filing window for the Assessment Year 2025–26 is now open, with the Central Board of Direct Taxes (CBDT) officially notifying all seven ITR forms. During this period, individuals and ...

Income-tax Rules: The Income Tax Department has released draft Income-tax Rules, 2026, effective April 1, 2026, simplifying ITR filing forms and procedures. These draft rules, open for public feedback ...

The Centre’s draft income-tax rules are broadly welcome, especially their evident effort to ease the filing of returns by ...

UAE residents investing in Indian mutual funds can claim tax benefits. They must obtain a Tax Residency Certificate (TRC) from the UAE. Filing Form 10F is also crucial if the TRC lacks required ...

Income Tax Department unveils new Income Tax Act, 2025 rules with simpler returns, higher exemptions, and streamlined compliance for taxpayers in India.

The currently applicable 'Income Tax Rules, 1962' had a total of 511 rules and 399 forms.

India’s new Income-tax rules promise simpler compliance through fewer forms and pre-filled returns. But by reviving Old Regime exemptions, they risk making tax choices harder for salaried taxpayers.