Income Tax

The Central Board of Direct Taxes (CBDT) has issued Income-tax Rules, 2026, aligning with the new Income-tax Act, 2025, effective from April 1. Changes include higher thresholds for mandatory PAN quoting, unified forms, and new exemptions for salaried employees. Tax experts suggest the old regime may offer advantages for middle-income earners.

March 19, 2026 Ti AI ṣe iroyin

Brazil's Federal Revenue released the download for the Income Tax on Individuals (IRPF) 2026 declaration program on Thursday (20/3). Submission of declarations will only be possible from 8am on Monday (23/3). Taxpayers can start filling out the form right away.