Wondering how the new mega tax law will affect your paycheck and taxes? Some of the answers lie in the new W-2 form employees will start getting for tax year 2026. The new forms show how new laws, ...

With tax season set to kick off next week, the IRS is launching a new initiative to redesign and simplify common tax documents. The changes will eventually apply to around 170 million letters that are ...

The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and ...

The Finance Ministry said that new Income Tax Return forms will be released before the financial year 2027-28. This follows a ...

The new income tax returns (ITR) form based on the I-T Act, 2025, will be notified prior to 2027-28 fiscal year, Minister of ...

The new Income Tax Act, enacted on August 21, 2025, will come into effect from April 1, 2026, replacing the 1961 legislation.

Chaudhary informed Parliament that the CBDT’s committee on ITR simplification is currently engaging with tax practitioners, institutional stakeholders, and field officers of the Income Tax Department ...

The forms were updated for the Income Tax Act, 2025, which was enacted on August 21 and come into effect from April 1, 2026.

New Income Tax Act ITR forms to be simplified and notified before FY28, per Minister Pankaj Chaudhary's announcement.