New Delhi, April 11 -- The Income-Tax (I-T) Department has launched its revamped and upgraded TDS Reconciliation Analysis and Correction Enabling System website i.e. TRACES portal aimed at providing single window access to TDS / TCS related services. Notably, it comes after the new I-T Act 2025 was brought into effect from 1 April 2026.

From 1 April, major changes in the tax compliance framework have been implemented aimed at expanding digital reporting, making tax administration more transparent for businesses and individuals alike. and streamlining tax filings.

The new TRACES portal has a revamped interface with an upgraded design, new menu options and navigation paths. It provides a centralised dashboard to download your TDS forms, T...