The new Income-tax Act, 2025, set to come into effect from April 1, 2026, will bring a major overhaul to India’s income tax compliance system. One of the biggest changes under the new framework is the ...
The new Income-Tax Act (ITA) 2025, which came into force from last month (1 April), replaced the original Tax Deducted at Source aka TDS forms — Form 15G and 15H — with a single Form 121. Overall, the ...