New draft Income Tax rules 2026 released: Simplified ITR forms,
focus on easier compliance - what common taxpayers should know
New Income Tax Rules 2026: The Income Tax Department on Saturday released the draft Income-tax Rules, 2026. These new rules will become effective from April 1, 2026, that is the start of the financial year 2026-27. There are several changes aimed at simplification in tax filing and ease of compliance in the new draft income tax rules 2026.
read moreIncome tax rule changes from April 1: 13 key updates you must
know
An important reform to India's tax system will take place on April 1, 2026, when the Income-tax Act, 2025, goes into effect. These modifications will have an impact on how people, companies, and investors calculate taxes, report income, and adhere to TDS/TCS regulations.
read moreLIC jumps on strong Q3 show; nine-month metrics steady
Life Insurance Corporation of India rose 6.45% to Rs 894.65 on Friday after the insurer reported a strong set of consolidated numbers for the December quarter.
read moreLIC launches special campaign to revive lapsed life insurance policies
Campaign running from January 1 to March 2, 2026, allows revival of lapsed individual policies with concessions on late fees, aimed at restoring insurance cover for policyholders
read moreRBI Has Declared These 3 Banks As The Safest In India
The RBI has identified SBI, HDFC Bank, and ICICI Bank as India's most systemically important financial institutions, terming them as Domestic Systemically Important Banks (D-SIBs).
read moreLIC Q2 results: Profit jumps 32% to Rs 10,053 crore; Net Premium Income rises 5.4%
LIC posted a 32% YoY profit jump to Rs 10,053 crore in Q2 FY26, with Net Premium Income rising 5.4% to Rs 1.26 lakh crore.
read moreLIC of India to launch 2 schemes from tomorrow — LIC’s Jan Suraksha, LIC’s Bima Lakshmi.
LIC is launching two new offerings for the domestic market, LIC namely LIC Jan Suraksha and LIC Bima Lakshmi, which will cater to different individual needs.
read moreRefund Delayed Even After ITR Processed? Here's What You Can Do To Fix It
Refunds may sometimes get delayed even after the return has been processed, and there are various reasons for this delay.
read moreMany property sellers have to pay 3.5 times more TDS and TCS due to issues with Income Tax TDS, TCS rules; Five such I-T rules need overhaul
The Income-tax Act, 2025 (New Act) marked a historic shift from the Income-tax Act, 1961 (Old Act) by eliminating provisos and explanations, making substantive law clearer and more accessible. However, the Income-tax Rules continue to create procedural complexity and hardships for many taxpayers.
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