New Delhi, April 3 -- From 1 April 2026, Indian taxpayers have been introduced to major changes in the tax compliance framework, as the government rolled out the Income-tax Act, 2025, along with the Income-tax Rules, 2026.

The changes aim to streamline tax filings, expand digital reporting, and make tax administration more transparent for businesses and individuals alike.

A major part of this transition is the overhaul of Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) systems, aimed at saving time, reducing manual errors, avoiding mismatches, and ensuring faster processing, the Income Tax Department said in an X post on Friday.

As part of the new rules, the government has replaced the old Forms 24Q and 26Q with Forms 13...