The Income Tax Department has rolled out a new TRACES portal aimed at improving usability and speeding up processes. But how ...

The new tax law renumbers TDS return forms and introduces a unified reporting system. The key takeaway is that compliance remains the same, but form numbers and structure are ...

How To File TDS: Tax Deducted at Source, commonly known as TDS, is a system where tax is deducted at the point of income. If you are a deductor, filing TDS returns on time is a legal requirement. The ...

TDS compliance April 2026 outlines key due dates for certificates, deposits and filings, helping deductors avoid penalties ...

Income Tax Department launches upgraded TRACES portal with new TDS forms and a single tax year, simplifying compliance and ...

The Income Tax Department has introduced Form 141, a consolidated challan-cum-statement, merging four previous TDS forms.

The deductor must deduct and deposit TDS with the government and file the statement. The TDS certificate is then generated ...

Under the provisions of the Income-tax Act, 2025, tax deducted at source (TDS) applies to payments made in India that are ...

People turning 60 at any point during the financial year can now claim senior citizen benefits for the full year while filing ...

Form 121 replaces Form 15H, which is filed by senior citizens, as well as Form 15G, which is filed by individuals below the ...