Starting April 1, 2026, familiar tax forms will get new numbers. Form 16 becomes Form 130, and Form 26AS will be known as ...

Major changes are on the horizon for taxpayers as the government prepares to implement the new income tax framework from ...

New Delhi: From April 1, 2026, several familiar income tax forms will get new numbers. This change will happen because the Income-tax Act, 2025 and the Draft Income-tax Rules, 2026 will come into ...

Form 1099-MISC is for miscellaneous income. But Form 1099-NEC is for payments to independent contractors and adds ...

The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed for ...

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India’s tax rulebook is preparing for a major reset. The Income Tax Department has unveiled the Draft Income-tax Rules, 2026, ...

Understanding your 1040 is the best way to legally minimize your taxes. Top tax professionals will tell you that effective tax planning needs to be proactive, not reactive. The best tax planning needs ...

The draft document for the updated Income Tax rules 2025, set to come into effect from 1 April this year state changed ...