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 ...

Income Tax forms like Form 16 and 26AS may get new numbers from April 1 under the draft I-T Act 2026, with minimal procedural ...

The government has come out with draft income tax forms that seek disclosure of tenant-landlord relationship for claiming I-T ...

One of the biggest changes is the renumbering of several commonly used tax documents, including salary and tax-credit statements used by millions of taxpayers.

This guide breaks down India’s income tax system, including tax heads, old vs new regimes, and core principles like equity and ...

On paper, the reform appears tidy. The number of rules falls from 511 to 333 and forms from 399 to 190, reinforcing the narrative of simplification. Yet beneath that numerical compression lie changes ...

A legal and practical analysis of India’s tax complexity, challenges faced by taxpayers, judicial insights, and reforms aimed at simplification and ...

From April 1, 2026, India’s income-tax forms including Form 16 and Form 26AS will get new numbers under the Income-tax Act, ...

The tax department on Saturday issued draft rules and forms under the new Income Tax Act, 2025, aiming to simplify provisions, cut compliance burdens, improve clarity, and make the tax framework more ...