The new rules replace old form numbers with a structured sequence across categories. The update simplifies compliance and improves clarity in tax ...

Salaried employees opting for the new tax regime from April 1, 2026, will get tax advantages on non-cash benefits such as ...

The new law replaces the 1961 Act with a simplified, structured tax system. It reduces compliance burden through streamlined ...

India’s Income Tax Act, 2025 replaces the long-standing 1961 law with clearer language, rationalized exemptions, and an emphasis on digital systems. Officials believe the simpler structure will make ...

There is also a practical cross-border aspect here, if the same gain is taxable in Canada, relief may generally be available ...

Income Tax Act 2025 raises HRA, meal and education exemptions while tightening compliance and replacing Form 16 from April 1, 2026.

The new Income Tax (I-T) Act is set to come into effect tomorrow, on 1 April 2026, with the new financial year 2026-27 and is likely to impact salaried employees, especially under the Old Tax regime.

The new tax regime is reinforced by the Income-tax Act, 2025 (ITA 2025), which goes into effect on April 1, 2026. It offers concessional tax rates with limitations on claiming certain deductions and ...