Indians working abroad can claim Foreign Tax Credit (FTC) by filing Form 67. Draft rules propose renumbering it to Form 44, requiring CA certificates for companies and individuals with foreign tax ...
Under the draft new law, statutory forms such as Form 26AS, Form 16 and Form 13 will be issued with new numbers.
This guide breaks down India’s income tax system, including tax heads, old vs new regimes, and core principles like equity and ...
Draft Income Tax Rules 2026: Redesigned income tax return (ITR) forms, broader criterion for applicability of ITR forms, and more pre-filled details are some of the changes that income taxpayers can ...
The government has come out with draft income tax forms that seek disclosure of tenant-landlord relationship for claiming I-T ...
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Tax: April 2026 is not far away. If you are a taxpayer, take note of the 10 points that are going to change for you.
The tax and ITR (Income Tax Return) filing system in India is set to undergo a major transformation starting April 1, 2026. The over-60-year-old system is being replaced by the concept of a "Tax Year, ...
The draft income tax rules released by India’s government for public comments are a marked improvement on what’s currently in force. For one, the number of rules and forms will almost be halved. For ...
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