Income Tax News

New Form 188 Replaces Rules 95 & 109: Everything Employers Need to Know

15 April 2026 at 10:08

What is Form 188? Who must file it? What documents are needed? Get answers to all FAQs on the new Income Tax Form 188 for Gratuity and Superannuation Fund approvals.

Posted in Income Tax | 5313 Views

Income Tax Department Clarifies Form 157 FAQs: Key Rules for Individuals Before Leaving India

15 April 2026 at 10:08

Leaving India without PAN or taxable income? Learn everything about Form 157 filing rules, documents, and FAQs issued by the Income Tax Department.

Posted in Income Tax | 16299 Views

Income Tax Act 2025: New Form 75 Reporting for Venture Capital Income

14 April 2026 at 10:06

Form 75 under the Income Tax Act 2025 is a mandatory statement issued by Venture Capital Funds to investors. Learn its applicability, due date, filing process and importance.

Posted in Income Tax | 4662 Views

Income Tax Department Launches New TRACES 2.0 Portal

14 April 2026 at 10:06

Income Tax Department launches revamped TRACES 2.0 portal at traces.tdscpc.gov.in with new features, simplified login and enhanced TDS compliance under Income Tax Act 2025.

Posted in Income Tax | 12225 Views

Income Tax Act 2025 Quiz on MyGov: Eligibility, Last Date and Prize Money

14 April 2026 at 10:06

Participate in the Income Tax Act 2025 quiz on MyGov. Answer 10 questions in 300 seconds and stand a chance to win Rs 10,000. Check details now!

Posted in Income Tax | 1323 Views

New Form No. 143 Replaces Form 27EQ for TCS Quarterly Returns from April 2026

13 April 2026 at 09:12

The Income Tax Department has replaced Form 27EQ with the new Form No. 143 for TCS quarterly filing under the Income-tax Act, 2025. Learn about the structure, filing schedule, key features and who must file starting April 2026.

Posted in Income Tax | 1 comments | 5247 Views

CBDT Issues Corrigendum to ITR Forms 2026

13 April 2026 at 09:12

CBDT corrigendum dated April 10, 2026 introduces key corrections in ITR-1, ITR-4 and multiple schedules. Read detailed form-wise changes and compliance impact.

Posted in Income Tax | 6546 Views

Shri Anand Kumar Pal Appointed Chief Adviser (Cost) in Ministry of Finance from 10th April 2026

11 April 2026 at 09:23

Shri Anand Kumar Pal, a 1997-batch ICoAS officer, assumes charge as Chief Adviser (Cost) in the Department of Expenditure, Ministry of Finance from April 10, 2026

Posted in Income Tax | 189 Views

Income Tax Department Replaces Form 49AA with New Forms 95 & 96 for PAN Applications (2026)

11 April 2026 at 09:17

The Income Tax Department has replaced the erstwhile Form 49AA with two simplified forms Form No. 95 and Form No. 9, effective from April 1, 2026, under the Income-tax Act, 2025. Learn who must file, what documents are required and key changes.

Posted in Income Tax | 4293 Views

New TAN Forms 134 and 135 Bring Mandatory PAN, AIN, CIN Requirements for All Deductors

10 April 2026 at 09:13

India's new Income Tax Rules 2026 make PAN, AIN, CIN and proof documents mandatory in TAN applications. Form 49B is gone - here's what your organisation needs to update immediately.

Posted in Income Tax | 7311 Views