From 1 April 2026, Indian taxpayers have been introduced to major changes in the tax compliance framework, as the government rolled out the Income-tax Act, 2025, along with the Income-tax Rules, 2026.

New Income Tax Forms 2026: From April 1, 2026, India’s income tax system gets a major reset with new forms under the Income-tax Rules, 2026. Form 121 replaces Forms 15G and 15H, creating a single ...

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The story so far: With effect from April 1, 2026, the Income Tax Act, 2025 replaces the six-decade-old Income Tax Act, 1961. The objective is to enhance predictability, transparency, reduce compliance ...

Tax rules 2026: In a major shift in tax compliance rules, Form 15H, long used by senior citizens to avoid TDS, has now been discontinued. Starting April 1, 2026, it has been replaced by a new, unified ...

Banking and tax-related processes have become much easier for crores of senior citizens and pensioners as the central government has implemented the new Income Tax Act, 2026, effective from Wednesday, ...

Anthropic says it is looking to resolve an issue which is blocking users of its AI coding tool. Claude Code, the AI-powered helper for writing computer code, has become popular in recent months. The ...

Form 121 for senior citizens: Starting April 1, 2026, a key change in India’s tax framework aims to make life significantly easier for senior citizens. The government has introduced Form 121, a ...

From April 1 2026 senior citizens will not have to fill out Form 15H to stop tax from being deducted from their income that is below the basic amount they do not have to pay tax on. The government has ...

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As per the Income Tax Act, 1961, bank depositors had to submit Form 15G/Form 15H to the bank to avoid Tax Deducted at Source (TDS). Some depositors were confused about which of the two forms applied ...