The new Income-tax Act, 2025, will overhaul several commonly used tax forms from April 1, 2026, replacing old formats with new form numbers and unified reporting structures. From Form 16 and 26AS to ...

With the Income Tax Return (ITR) filing season for Assessment Year (AY) 2026-27 gaining momentum, taxpayers across India are ...

NRI property sales in India face higher TDS, complex capital gains rules, and repatriation steps, with timing and structure key to tax efficient exits.

Income-tax rules: Here's how capital gains generated from digital, paper (which includes gold ETFs, gold mutual funds and sovereign gold bonds) physical and inherited gold are taxed for residents and ...

Taxpayers, mark your calendars for May 2026! Crucial compliance deadlines loom, including TDS/TCS deposits for April and certificate issuances. Remember to file key statements and declarations under ...

This means shares purchased from the stock market can also be legally transferred as a gift. However, such gifts are governed ...

The new Income-Tax Act (ITA) 2025, which came into force from last month (1 April), replaced the original Tax Deducted at Source aka TDS forms — Form 15G and 15H — with a single Form 121. Overall, the ...

The government is reportedly considering slashing the withholding tax rate from 20% to the earlier 5%. Market participants believe that lowering the withholding tax rate could make Indian debt and ...

The Income Tax Department enabled online filing and Excel utilities for ITR-1 and ITR-4 forms for AY 2026-27 on its e-filing portal, kicking off this year’s tax return filing process for individuals ...

India’s historic general election – with 870 million people eligible to vote in recent weeks – has focused international attention on a country that finally appears to be fulfilling its economic ...