From April 1, 2026, Form 16 will be renumbered as Form 130 under the Income Tax Rules, 2026 read with Income Tax Act, 2025 for Tax Year 2026-27. The changes in the new Form 130 (earlier Form 16) are ...
India’s income-tax system is set for a major structural reset from April 1, 2026, as several familiar tax documents will receive new identities under the upcoming Income-tax Act, 2025. Forms that have ...