ITR 2026–27 Update — New Disclosure Rule for NRIs
The Income Tax Department has introduced an important update in the Income Tax Return (ITR) forms for Assessment Year (AY) 2026–27. Non-Resident Indians (NRIs) opting for the presumptive income scheme will now be required to make an additional disclosure while filing their returns. This change aims to improve transparency and ensure better compliance among taxpayers … Read more