New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman on Sunday said that the Income Tax Act 2025 will come into effect from April 1, 2026, and the I-T forms have been redesigned such that ordinary citizens can comply without difficulty for ease of living.The new measures include exemption on insurance interest awards, nil deduction certificates for small taxpayers, and extension of the ITR filing deadline for non-audit cases to August 31. Individuals with ITR 1 and ITR 2 will continue to …
Latest Income Tax Act 2025 News & Updates
New Delhi, Dec 26 (IANS) Prime Minister Narendra Modi on Friday said that his government is committed to boosting ‘Ease of Living’ and the reform trajectory will continue with even more vigour in the coming times.Replying to a thread on X social media platform posted by the MyGovIndia handle, PM Modi said the government has worked towards the direction of empowering millions.”Ours is a Government committed to boosting ‘Ease of Living’ and this thread below gives examples of how we have w…