The Income Tax Department has rolled out a new TRACES portal aimed at improving usability and speeding up processes. But how ...

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 ...

TDS compliance April 2026 outlines key due dates for certificates, deposits and filings, helping deductors avoid penalties ...

How To File TDS: Tax Deducted at Source, commonly known as TDS, is a system where tax is deducted at the point of income. If you are a deductor, filing TDS returns on time is a legal requirement. The ...

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

The Income Tax Department has introduced Form 141, a single unified TDS form replacing four existing forms. Here’s what it ...

To generate these certificates, deductors need to log in to the TRACES portal, go to the TDS certificate section, and select ...

Form 121 replaces Form 15H, which is filed by senior citizens, as well as Form 15G, which is filed by individuals below the age of 60. Here's a detailed explanation of the changes and key mistakes to ...