Income Tax (Amendment) Rules, 2026 - Amendment in Rules 114F, 114G and 114H: Notification G.S.R. 158(E) [No. 19/2026/F.No. 370149/209/2025-TPL], dated 05th March, 2026: Central Board of Direct Taxes (CBDT) has notified amendment in Income Tax Rules, 1962 by introducing amendments in Rule 114F, 114G and 114H. Rules are regarding effective implementation of the Foreign Account Tax Compliance Act and Common Reporting Standard in India, mandating the financial institutions to identify “reportable accounts” of foreign residents, maintain records, and report this information to tax authorities. The amendments are effective 01st January, 2026. Governments of India and France sign the Amending Protocol to amend the India – France Double Taxation Avoidance Convention: Press Release, dated 23rd February, 2026: CBDT has issued a press release related to s.......