Income Tax Department launches upgraded TRACES portal with new TDS forms and a single tax year, simplifying compliance and boosting transparency for taxpayers ...

Highlights that selecting the incorrect portal tab can lead to data mismatches and filing errors. Emphasizes the need to use ...

Form 121: A new combined form, now replaces Forms 15G and 15H. This simplifies the process for individuals and senior citizens to declare income below taxable limits. Eligible taxpayers can now use ...

The reform consolidates TDS provisions into a structured system and introduces digital compliance mechanisms. It enhances ...