What do the draft income tax rules mean for the common man? How does the calculation math for the old vs new income tax ...
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Income tax refund delay explained: Why are lakhs of taxpayers still waiting for refunds and what does law allow?
Many taxpayers who have filed their income tax returns (ITRs) for the financial year 2024–25 (assessment year 2025–26) are still waiting for their tax refunds because of a delay for many reasons.
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New Income Tax Rules 2026 Explained: Key changes, allowances and what every taxpayer needs to know
The previous Income Tax Act was over 65 years old and had more than 800 sections. The new law reduces this to around 536 sections and removes many explanations and provisos that made the law ...
Income-tax Rules: The Income Tax Department has released draft Income-tax Rules, 2026, effective April 1, 2026, simplifying ITR filing forms and procedures. These draft rules, open for public feedback ...
The Income Tax Draft Rules 2026 propose higher PAN thresholds, revised cash deposit and withdrawal limits and simplified ...
This analysis explains how employer-leased cars reduce taxable salary since only a prescribed perquisite value under Rule 3 is taxed instead of full lease cost. It highlights significant tax savings ...
India’s tax rulebook is preparing for a major reset. The Income Tax Department has unveiled the Draft Income-tax Rules, 2026, along with draft forms designed to operationalise the Income-tax Act, 2025 ...
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