Offline Utility for Form 145 and Form 146 has been enabled on the e-Filing Portal
Offline Utility for Form 145 and Form 146 has been enabled on the e-Filing Portal
Offline Utility for Form 145 and Form 146 has been enabled on the e-Filing Portal
Seamless payments now enabled across both the Income‑tax Act, 1961 and the Income‑tax Act, 2025.
Form No. 105, (earlier Form No.10AB) is now available for e-Filing.
Income Tax Department, Ministry of Finance, Government of India
In a major relief for property buyers and sellers, the Income Tax Department has proposed a new rule that may remove the need to provide a PAN card for property transactions valued below Rs 20 lakh.
The introduction of Section 247 in the new Income-tax Act, 2025 — set to take effect from April 1, 2026 — has once again sparked debate.
The Central Board of Direct Taxes (CBDT) has released the draft Income-tax Rules and Forms ahead of the Income-tax Act, 2025, coming into force on April 1. Kuldeep Singh explains the key changes and how these will ensure better compliance while reducing paperwork for taxpayers
The previous draft of the Income Tax Act, 2025 had a beneficial provision that has been taken out in the most recent version. This provision was a one-time relief for individuals looking to reduce their capital gains tax by minizing their short-term capital gains (STCG).
As the Financial Year 2026-27 kicks off from April 1, 2026, New Income Tax Act, 2025 will take effect in India. With an aim to simplify old tax rules, improve clarity and make compliance easier for taxpayers, the new Act will replace the Income Tax Act, 1961, which has been the backbone of tax laws in the country for more than 60 years.