Under the new Income-tax Rules, 2026, the government has proposed replacing Form 16 with a new Form 130, as part of a broader ...

Form 128 allows taxpayers to apply for reduced or nil tax deduction or collection under the Income-tax Act, 2025. It helps avoid excess tax deduction and improves cash flow ...

Form 130 becomes the new TDS certificate from April 2026 under the 2025 Act. The key takeaway is that the format changes, but the core purpose remains the ...

Many Americans expect a tax refund this year. Here's how to track your federal tax refund and when it might arrive.

The IRS is moving away from paper refund checks. Taxpayers should include their bank account information on their 2025 tax return to receive their refund quickly via direct deposit.