Income Tax - Tax Updates

New 📘 Form 121 for no TDS Deduction – Download, Who is to file and How to file

April 16, 2026

The Income-tax Department has introduced Form 121 under the Income-tax Act, 2025, replacing the earlier Forms 15G & 15H. This new form simplifies...

Capital Gain Tax Rates FY 2025-26 & FY 2026-27 Old Act vs New Act

April 13, 2026

The taxation of capital gains has undergone structural simplification under the new Income Tax Act, 2025, effective from FY 2026-27....

🏠 TDS on Property – (Section 194-IA / New Section 393(1)) Form 26QB Vs Form 141

April 10, 2026

The provisions relating to Tax Deducted at Source (TDS) on purchase of immovable property have undergone a significant change with...

New TRACES 2.0 Portal Launched – with TDS/TCS Rates Chart for FY 2026-27

April 7, 2026

The Income Tax Department has launched the new TRACES (TDS Reconciliation Analysis and Correction Enabling System) portal Traces 2.0 introducing an...

Compliance Calendar for April 2026

April 6, 2026

With the beginning of the new financial year FY 2026–27, April becomes one of the most crucial months for compliance from...

New ITR Forms key changes (ITR-1, 2, 3, 4) for AY 2026-27

April 4, 2026

For the Financial Year 2025–26, the Income Tax Returns will be filed in 2026 as per the applicable due dates. The government...

TDS Rates Chart for FY 2026-27 (As per New Income Tax Act, 2025)

April 3, 2026

Applicable from: 1st April 2026 With the implementation of the New Income Tax Act, 2025, the structure of TDS provisions has...

1 April 2026 से बदला Tax System | बड़े बदलाव

April 1, 2026

1 April 2026 marks a major transition date due to: This article covers ALL critical changes applicable from 1 April 2026 for professionals, businesses,...