Tax Guru

Budget 2026: Electronic System for Lower or Nil TDS Certificates

Budget 2026 introduces electronic system for lower or nil TDS certificates from 1 April 2026, impacting cash flow, MSMEs and compliance ...

Income Tax Law Overhaul From April 2026, Multiple Form Numbers Changed Across Salary, TDS, Audit, Foreign Income & NGO Filings

New Delhi: India will implement the Income Tax Act, 2025 from April 1, 2026. Draft Rules 2026 aim to simplify tax filing and documentation. Tax rates remain unchanged.

Now request for nil or lower TDS deduction for property and other transactions via this new form as per Income Tax Act, 2025; see what’s changed

The Income Tax Act, 2025, introduces new Form 128 for applications requesting nil or lower Tax Deducted at Source (TDS) on property and other transactions. This form replaces the older Form 13, with ...
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New form 128 introduced for zero or lower TDS: Property and other transactions to follow new rules from April

With the implementation of the Income Tax Act, 2025, taxpayers seeking relief from higher tax deductions at source (TDS) will ...