News
ITR filing not required: Income Tax Act 2025 allows these taxpayers to use Form 125 " check eligibility
2+ week, 6+ day ago (474+ words) Income Tax Recent News - 2026, New Income tax Act Filing an'Income Tax Return (ITR)'every year can be a tedious task especially for elderly taxpayers who depend mainly on pension and interest income. Recognising this challenge, the government has continued and…...
Form 121 for TDS exemption: Here's what has changed for taxpayers - Full details
1+ mon, 1+ week ago (198+ words) Income Tax Recent News - 2026 Form 15 G and Form 15 H replaced For a long time, the income tax system required filing different forms based on age. Ordinary citizens used Form 15 G, while senior citizens over 60 required Form 15 H. This has now been…...
Thane man booked for misusing senior citizen's documents to operate firms to evade GST
2+ mon, 1+ week ago (450+ words) GST Recent News - 2026, GST Evasion News A man has been booked in Bhiwandi in Thane district for allegedly misusing identity documents of a senior citizen and his family to operate five firms to evade GST payments, a police official said…...
Budget 2026: Tax relief on savings and FD interest back in focus as savers feel the pinch
4+ mon, 6+ day ago (757+ words) Recent Tax News, Union Budget 2026-27 For a large segment of Indian savers, interest earned on bank deposits is a matter of financial security rather than surplus income. Yet the tax relief available on such earnings has remained unchanged for years,…...