New tax rules, new expectations: What taxpayers should know

Grant Thornton Bharat’s PolicyCast is your window into policy, tax, and regulatory developments. Each episode features expert perspectives on issues that matter to businesses, individuals, and the wider economy.

Are you prepared for the new direct tax framework?

In the latest episode, Riaz Thingna, Partner, Tax, shares key insights on few changes in the Income-tax Rules and forms along with the FAQs and Guidance note released by the CBDT under the Income Tax Act 2025.

Key highlights:

• Enhanced clarity on forms, filing requirements, and compliance expectations
• Expanding the scope of reporting of foreign remittances
• Strengthened disclosure requirements for foreign tax credit claims
• A more structured and system-driven appeals framework

Tune in for actionable insights to help navigate this transition.

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