Form 121 replaces Form 15G, 15H for TDS filing: Check who should file, purpose and key details explained

Form 121: A new combined form, now replaces Forms 15G and 15H. This simplifies the process for individuals and senior citizens to declare income below taxable limits. Eligible taxpayers can now use ...
Outlook Business

Income Tax Rules 2026 Bring New PAN, TDS & AIS Forms: Here’s What Changes

Income Tax Rules 2026 introduce updated PAN, TDS and AIS forms to simplify tax filing, improve compliance and reduce ...

Income tax calendar for May 2026: Check key dates, deadlines for TDS and TCS

From the mandatory deposit of Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) for April 2026 to the issuance ...
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India enforces stricter tax filing rules for AY 2026-27

Stricter compliance norms: New rules tighten PAN requirements for high-value transactions and expand TDS thresholds to curb unaccounted income. ITR forms revamped: Revised ITR-1 to ITR-4 demand more ...
The Free Press Journal

Income Tax Rules Overhaul Begins April 1, New Tax Year System & Revised Deadlines Come Into Force

New Delhi: From April 1, India has introduced the Income Tax Act 2025, replacing the six-decade-old Income Tax Act of 1961. The new law aims to simplify the tax system, make rules easier to understand ...
Business Today

BT explainer: TDS, TCS shake-up - Decoding new tax rates, codes and compliance rules

TDS, TCS rates: India’s tax compliance framework is set for a structural overhaul in Tax Year 2026–27 (FY 2026–27), with sweeping changes to Tax Deducted at Source (TDS) and Tax Collected at Source ...

Revised post office transaction norms based on New Income-tax Rules, 2026: PAN mandatory for these transactions; more rules explained

The Department of Posts now mandates quoting Permanent Account Number (PAN) for specified transactions. Individuals without a ...