Income Tax Return 2026

Q: What should taxpayers know about the new Income Tax Rules 2026 & filing updates?

A: From Apr 1, 2026, the Income Tax Act 2025 & Rules 2026 bring updated ITR forms, slabs, deadlines, and penalties.

Key updates:

• Due date: TCS certificate FY 25-26 Q4 & Sec 285B statement by May 29, 2026

• New tax regime slabs:

• Up to ₹4,00,000 – Nil

• ₹4,00,001–₹8,00,000 – 5%

• ₹8,00,001–₹12,00,000 – 10%

• ₹12,00,001–₹16,00,000 – 15%

• ₹16,00,001–₹20,00,000 – 20%

• ₹20,00,001–₹24,00,000 – 25%

• Above ₹24,00,000 – 30%

• Belated return penalty up to ₹5,000; filing till Dec 31, 2026

• Revised exemptions & allowances

• Old regime deductions (80C/80D) continue

• Unified e-filing & payment portal

**KCTA ONLINE TAX**

Stay compliant & file on time.

indian income tax | income tax | indian bank | indian income tax login | income tax login | income tax act | indian premier league | indian bank login | income tax department | indian post | indian tax slabs | income tax portal | indian bank netbanking | indian bank net banking | janai | Hooghly