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No More ITR Hassles for TDS Refund: New Form to Replace Income Tax Return for Low-Income Earners
In a significant move aimed at simplifying the income tax filing process for low-income individuals, the Indian government is proposing a major relief in the Income Tax Bill 2025. As per the proposal, ...
This proposal is important as excess tax deduction at source (TDS) creates liquidity challenges for small taxpayers. They have to wait for refunds after filing their returns. For instance, a ...
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New form 128 introduced for zero or lower TDS: Property and other transactions to follow new rules from April
With the implementation of the Income Tax Act, 2025, taxpayers seeking relief from higher tax deductions at source (TDS) will ...
According to the new rules, you will be able to claim your TDS refund even if you file your income tax return late.
Two Budget proposals aim to simplify TDS processes for investors and small taxpayers, reducing hassle and improving ...
Union Budget 2026 details direct tax measures, TDS/TCS rate changes, new exemptions, and revised ITR deadlines for taxpayers.
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