New Delhi : Filing taxes and declaring accurate income isn’t just a legal formality — it’s the backbone of financial transparency and efficient money management for individuals and businesses alike. With every Budget, the government has tried to make the tax process simpler, more digital, and less prone to disputes. Now, from April 1, 2026, India is set for one of its largest reforms in the Tax Deducted at Source (TDS) system.

Chartered Accountant Nitin Kaushik highlighted the shift in a post on X, saying: “India’s TDS Overhaul Is Coming (April 2026). If you’re salaried, a business owner, or run an SME — this will change how your income tax works.”

Currently, the TDS framework struggles with wrong deductions, frequent mismatches, and endless reconciliation during filing — creating stres

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