Taxpayers will receive the full compliance framework for the revamped Income Tax Act, 2025 by January, with simplified return forms and clearer definitions aimed at easing filings ...
CBDT chief announces simplified ITR forms and rules under the new Income Tax Act to be notified by January 2026.
The new Income Tax Bill, 2025, will come into effect from April 1, 2026. It aims to simplify tax compliance and make it more ...
New Income Tax Return forms and rules will be notified by January. These changes will be effective from April 1, 2026, ...
The new law and new forms will come into effect on April 1, 2026, replacing the existing Income Tax Act, 1961. This change ...
PHDCCI Direct Taxes Committee Chair Mukul Bagla highlighted digitization efforts such as mandatory filing of Form 10DD for ...
New income tax return forms and rules under the simplified Income Tax Act, 2025, will be notified by January 2026, with the ...
The new law removes redundant provisions and archaic language and reduces the number of sections from 819 in the Income Tax Act of 1961 to 536 and the number of chapters from 47 to 23.
The intent of the department is to keep the I-T Return forms simple to ease compliance under the new law, which replaces the six-decade old Income Tax Act, 1961 ...
CBDT chief says ITR forms and rules under the new Income Tax Act 2025 will be notified by January 2026, aiming to simplify compliance for taxpayers.
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