Income Tax Reforms
May 04, 2026
Filing Income Tax Returns (ITR) is mandatory for all individuals who fall within the taxable income bracket. It is always advisable to file returns within the stipulated deadlines.
Mar 20, 2026
The Government has officially introduced the Income Tax Rules 2026, bringing important updates for salaried individuals claiming House Rent Allowance (HRA).
Mar 20, 2026
The upcoming Income Tax Act 2025, which will come into effect from April 1, 2026, is set to bring notable changes for credit card users across India.
Sep 15, 2025
The Income Tax Department has reminded taxpayers that the second installment of advance tax for the financial year 2025-26 (Assessment Year 2026–27) is due on March 15, 2025. Failure to pay on time...
Jul 21, 2025
A Select Committee of the Lok Sabha, led by BJP MP Baijayant Panda, presented its report on the new Income Tax Bill in Parliament on Monday, July 21. Some of its key recommendations include:
Feb 12, 2025
The Indian government is set to table the new Income Tax Bill on February 13, 2025, aimed at simplifying the Income Tax Act of 1961.
