We’ve reached a big moment for taxpayers. From April 1, 2026, several changes in Income Tax laws and rules take effect. These updates stem from the Income‑tax Act, 2025, which replaces the long‑standing 1961 law. The aim is simple: make income tax easier, fairer, and more modern. Whether you’re an individual taxpayer, a salaried employee, a freelancer, or…
The Income Tax Department has triggered widespread concern among taxpayers after thousands received emails stating that their Income Tax Return (ITR) processing has been put on hold due to claim mismatches. The issue has affected salaried individuals, freelancers, and professionals alike, leading to uncertainty around refunds, verification, and next steps. This development has surfaced during…
We recently heard a bold claim from U.S. President Donald J. Trump. He said that revenue from tariffs, taxes on imported goods, might grow so much that Americans could see their federal income tax cut substantially, perhaps even removed entirely. It sounds like a dream for many: no income tax, and still a funded government….