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Central Board of Direct Taxes28 days ago1 min read

Amendments to Income Tax Rules 2026

Source

Income Tax Department introduced new provisions for tax deduction and collection at source, updating the compliance framework for FY 2026-27.

Key points

  • New provisions for tax deduction and collection at source
  • Updated compliance framework

Impact analysis

  • This affects businesses and individuals involved in transactions subject to TDS, requiring them to comply with updated rules.

Who should care

Businesses · Individuals making large transactions

Affected industries

Finance · Real Estate

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