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Last Updated:July 05, 2026, 12:49 IST Zero TDS on Form 16 doesn’t exempt you from filing an ITR. Consider all income, transactions, and specific conditions. ITR Filing Rules: Zero TDS In Form 16 Doesn’t Always Mean No Return Is Needed A Form 16 showing zero TDS does not automatically mean you are exempt from filing…
Last Updated:March 19, 2026, 07:05 IST Income Tax: While overall tax burden for individuals remains largely unchanged, the new tax law introduces structural changes in the way income is assessed and returns are filed. New Income-tax Act, 2025. India’s direct tax framework is set for a major overhaul from April 1, 2026, when the new…
Ahead of Budget 2026–27, industry is asking the government to focus on execution. With global uncertainty and a slowdown in domestic growth, businesses want results on manufacturing, infrastructure and MSME support rather than fresh promises. This sentiment comes through clearly in a pre-Budget survey released on January 15 by the Associated Chambers of Commerce and…
Last Updated:October 28, 2025, 06:30 IST The Centre will launch a new GST registration system from November 01, 2025, simplifying processes for small businesses. GST 2.0 became effective from September 22. The Centre will introduce a new GST registration system from November 01, 2025, aimed at simplifying the registration process for small businesses and public…
Last Updated:September 21, 2025, 09:09 is GST 2.0 Effective Date: GST reforms led by Nirmala Sitharaman start September 22, merging slabs to 5 percent, 18 percent, and 40 percent for sin goods. New rates of GST 2.0 will become effective from tomorrow, September 21. GST Reforms 2025 List: Goods and Services Tax (GST) reforms are…
Last Updated:September 03, 2025, 23:45 is The revised rate structure will come into effect on September 22, coinciding with the first day of Navratri Union Finance Minister Nirmala Sitharaman addresses the media regarding the 56th GST Council meeting, in New Delhi, Wednesday. (PTI photo) In a major move to simplify India’s tax regime and bring…