As the new financial year approaches, taxpayers in India can expect a series of important changes in personal finance and compliance rules. From April 1, 2026, the Income Tax Act, 2025 will come into ...

A major focus of the draft rules is to make income-tax return (ITR) filing simpler under the new law. The government has ...

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

New income tax rules for 2026-27 propose redesigned ITR forms with more pre-filled details, aiming for simplification. Eligibility criteria for simplified forms like ITR-1 and ITR-4 have been adjusted ...

Experts expect fewer irrelevant disclosures, better system stability and smoother reconciliation with AIS in FY26 returns ...

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 ...

Taxpayers would continue to use existing income tax return (ITR) forms to report income for 2025-26 (FY26), even as revamped ...

India’s new Income Tax law will simplify ITR filing from 2027 with pre-filled returns, crypto disclosure and changes to PAN rules.

India's income tax system is about to enter a new era. The government is preparing to implement the Income Tax Act, 2025, ...

Budget 2026 brings major relief to taxpayers by allowing revised and updated ITR filing, reduced penalties, and immunity from ...

Finance Minister Nirmala Sitharaman clarified this during her Budget speech, saying that only specific taxpayers would get extra time, while most individuals would continue to follow the existing ...

The draft rules aim to simplify tax compliance, reduce complexity, and make filing returns easier for individuals and ...