Tax for you: Major tax changes taking effect from 1 April 2026 under new Income-tax Act, 2025

According to CA Dr Suresh Surana, the Income-tax Act, 2025 (ITA 2025) aims to simplify compliance, rationalise procedures and align the tax framework with current economic realities. Several key ...
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New Income Tax Act rollout: Only 54 of 190 forms to be ready by March end; check details

New Income Tax Act: The new Act looks to streamline provisions, reduce complexity, and introduce modern digital processes. However, the committee noted that operational readiness on the ground should ...

What Are Individual Tax Returns, and How Do They Work?

An individual tax return is a government form that reports all income for the previous year and any taxes due on it.