Tag: taxpayer compliance
Posted in Economy
New Income Tax Rules 2026 likely to be notified in first week of March: CBDT sources
The draft rules and forms will remain in the public domain for 15 days, until February 22, 2026. The Income Tax Department had invited stakeholders…
Posted in Economy
Season’s Greeting? Taxman turns New Year party pooper
Mumbai: The unforeseen ‘do not reply’ emails hitting inboxes of taxpayers who may have been on a tiger safari in Pench, or sunbathing on a…
Posted in Economy
I-T return forms, rules under simplified Income Tax Act, 2025 to be released by January 2026
New Delhi: The government will release income tax return forms and rules under the simplified Income Tax Act, 2025, by January 2026, giving taxpayers time…
Posted in Economy
New invoice system in works to curb automated notices
New Delhi: The Central Board of Indirect taxes and Customs (CBIC) is working on a new advanced invoice management system that will prevent system-generated notices…