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Mumbai, Delhi, and Karnataka are expected to take the lead in direct tax collection for the financial year 2026, with higher targets set for them.

Tax Officers get Higher Direct Tax Targets for Mumbai and Delhi Regions

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Here is a guide to understanding and resolving discrepancies between TDS statements and Form 26AS to ensure smooth income tax return filing.

Resolving Discrepancies Between TDS Statement and Form 26AS

Around 500,000 new permanent account numbers (PANs) have been given to trusts between March 2019 and March 2025.

5 Lakh Trust PAN added in PAN Records since COVID

Finance Minister Nirmala Sitharaman has delivered significant relief to the middle class in the budget. She has effectively made an annual income of up to Rs 12 lakh tax-free.

Know How an Income of Rs 12.75 Lakh Becomes Tax-Free Under the New Tax Regime

The Income Tax Department on May 8, 2025, launched an e-campaign about the importance of having a Permanent Account Number (PAN) card.

Minor PAN Card Application Simplified: Here is All You Need to Know 2025

Here is a simplified guide to help salaried individuals choose between the old and new tax regimes, especially when repaying a home loan.

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Tax Officers get Higher Direct Tax Targets for Mumbai and Delhi Regions

Resolving Discrepancies Between TDS Statement and Form 26AS

5 Lakh Trust PAN added in PAN Records since COVID

Know How an Income of Rs 12.75 Lakh Becomes Tax-Free Under the New Tax Regime

Minor PAN Card Application Simplified: Here is All You Need to Know 2025

Should You Choose Old Tax Regime Just Because You Have Home Loan?