The proposal aims to cut paperwork and prevent unnecessary tax deduction for eligible investors, especially senior citizens ...

However, from April 1, 2026, transactional forms such as tax deducted at source statements, remittances, Form 60, and Form 15G/15H would operate under the new simplified framework.

Proposed the simplification of submitting Form 15G/H to avoid excess TDS. As per the proposal, investors will be allowed to submit Form 15G/H directly to the depository and avoid TDs on dividend and ...

The Budget proposes PAN-based compliance, digital certificates, and lower LRS TCS rates. At the same time, stricter monitoring rules widen the compliance ...

On paper, the reform appears tidy. The number of rules falls from 511 to 333 and forms from 399 to 190, reinforcing the narrative of simplification. Yet beneath that numerical compression lie changes ...