If your bank has deducted tax on your FD interest, that money may still be yours. You just need to know how to get it back.

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 ...

The Income Tax Act, 2025, introduces new Form 128 for applications requesting nil or lower Tax Deducted at Source (TDS) on ...

The ruling highlights that mere failure to file return, without concealment or tax evasion, does not automatically attract Section 270A penalty. Bona fide explanation and TDS compliance protected the ...

The Income Tax Department has released the Draft Income-tax Rules, 2026, along with draft forms to implement the Income-tax Act, 2025, offering the first detailed glimpse into how India’s revamped tax ...

In December, the Income-tax Department sent SMS and email alerts flagging mismatches in reported income and non-disclosure of ...

Budget 2026 introduces the new Income Tax Act, 2025 effective 1 April 2026. The existing law will continue for FY 2025-26, ...

Union budgets may not always announce big giveaways for households, but they still shape everyday money decisions in quiet ...

Union Finance Minister Nirmala Sitharaman on Saturday announced sweeping changes to India’s income tax framework, with a strong emphasis on easing TDS and TCS compliance.

Union Budget 2026 by Nirmala Sitharaman eases tax compliance, lowers TCS rates, and boosts investment access for PROIs and non-residents. Discover key reforms.

Tax experts say the new rules will significantly influence how taxpayers file returns, disclose income, manage penalties and ...

Finance Minister Nirmala Sitharaman announced a series of taxpayer-friendly measures in the Union Budget 2026-27 aimed at easing compliance for small taxpayers. These include a simpler, rule-based TDS ...