Form 12BBA For Seniors: What Change Is Proposed In The Draft Income Tax Rules
The government has proposed to make changes in Form 12BBA under the Draft Income-tax Rules 2026. This form is used […]
Income Tax Recent News – 2026
Supreme Court to scrutinise PIL challenging sweeping digital search powers under income tax law
The Supreme Court on Tuesday said it will examine a public interest litigation challenging the expanded search and seizure powers
Tax dept says there was no attempt to withhold refunds, which declined 17% so far in FY26
India’s income-tax refunds declined in FY26, with CBDT data showing refunds of Rs 3.11 lakh crore as of January 11,
Draft I-T rules offer clarity on ITRs, NRI investments and lay out virtual digital assets reporting regime
The draft income-tax rules have several new or reworked sections, laying out new procedures, thresholds, and forms that either replace
‘Rs 25.44 lakh crore will be transferred to states in 2026–27 as part of devolution of taxes’: FM Sitharaman tells Lok Sabha
Union Finance Minister Nirmala Sitharaman on Wednesday told the Lok Sabha that a total of Rs 25.44 lakh crore will
Income tax filing set for overhaul as pre-filled returns roll out from April 1st
The simplified income tax framework set to take effect from April 1 is expected to allow salaried taxpayers with no
Old Tax Regime Back In Focus After Draft Income Tax Rules 2026 Published
The draft Income Tax Rules 2026 have revived the old tax regime, even as many expected it to gradually fade
Draft income tax rules 2026 signal tighter eligibility and digital-first filing for ITR-1 to ITR-7
The Central Board of Direct Taxes (CBDT) has recently introduced the draft Income-tax Rules, 2026, in alignment with the Income-tax
Draft income tax rules: Higher education-linked exemptions to boost old regime’s appeal
The draft income-tax rules propose an overhaul of the way salaries are taxed, including a sharp increase in exemption limits
Tax department redesigns 30 key forms ahead of new Income-tax Act
The draft Income-tax Rules and Forms put out for public consultation propose a major redesign of 30 high-volume tax forms,
