Income Tax Department launches upgraded TRACES portal with new TDS forms and a single tax year, simplifying compliance and boosting transparency for taxpayers ...

The issue is complexity and duplication in old tax forms. The new system simplifies compliance through consolidation and structured ...

MD post-liquidation; directs Official Liquidator to act on representation, grants interim protection, remedy lies under Sec ...

ITR Filing 2026: Tax season is knocking once again. Income Tax Return (ITR) forms for the Assessment Year 2026-27 have been released, and facilities for filing them—both online and offline—are set to ...

As April arrives, a recurring question inevitably circulates within offices among salaried employees: Should one opt for the ...

Businesses called for a ‘supportive and growth-oriented’ national budget for the 2026–27 fiscal year, saying that ...

Dhaka, April 19 -- Metropolitan Chamber of Commerce and Industry (MCCI) President Kamran T Rahman on Sunday called for a "supportive and growth-oriented" national budget for fiscal year 2026-27, ...

GenZCFO, the innovative finance-first consultancy dedicated to empowering millennial and Gen Z | The Eastern Herald ...

For many taxpayers, in FY 2025-26, i.e. from 1 April 2025, to 31 March 2026, their income may fall below the taxable threshold due to deductions, rebates under Section 87A, or lower overall earnings ...

An NRI avoided a Rs 12.5 lakh TDS deduction on a Rs 1 crore property sale by using a simple provision under tax law. By ...

With the rollout of the Income Tax Act, 2025 and new compliance rules, key changes have been introduced to ITR deadlines, along with an expanded scope for updated returns (ITR-U) and tighter PAN ...

Form 141 is a PAN-based challan-cum-statement for reporting and depositing TDS deducted. The income tax department has introduced a new TDS form that makes reporting and paying ‘Tax Deducted at Source ...