The new Income Tax Act will come into force from 1 April 2026. Experts suggest that the new rules will be beneficial to salaried employees who opt for the old tax regime, as they will be able to claim ...

For salaried professionals without significant tax-saving investments or housing rent exposure, the new regime represents both simplicity and fiscal efficiency ...

The Income-tax Act, 1961 will be replaced by the Income-tax Act, 2025 (ITA 2025) on April 1st, 2026. The following are some of the significant changes that will take effect on April 1, 2026: ...

The new regime remains the default — if you don't actively pick the old one while filing, you automatically fall under the new system.

Americans are heading into tax season with more income streams and more confusion over changing tax rules than ever before, according to new data from online expert platform JustAnswer. An analysis of ...

The Income-tax Rules, 1962 have been amended by the Central Board of Direct Taxes (CBDT) in a notification dated March 5, 2026.

A new tax deduction for many adults 65 and older has plenty of rules and requires new paperwork. What you need to know when filing a 2025 tax return.

Overview of new tax regime provisions under Section 202 of the Income-tax Act 2025, including tax rates, deductions allowed or disallowed, and option ...

The Indian government has released new draft income tax rules in line with the New Income Tax Act. Discover the new ...

The One Big Beautiful Bill changed some tax rules. Learn how the SALT deduction, itemizing and auto loan interest could ...

The new legislation reorganizes provisions related to return processing, scrutiny assessments, and reassessment of escaped income. It simplifies drafting while largely retaining the existing ...

The draft rules are part of a bigger plan to modernise India's income tax system by changing how individuals think about it, ...