Household Costs

A fresh ET report on April 29 highlighted two refund-related changes under the Finance Act 2026, including how interest applies to older tax years and how refunds can now be set off across the old and new tax laws.

India's new income-tax law changes the language of filing, keeps the new-regime slab relief in focus, and leaves some viral tax claims unsupported.

The portal now supports both the repealed law and the new tax act at once, so deductors need to match the right challan to the right payment period before April 30.

The April 30 due date for March deductions now sits right on the old-act to new-act boundary, so deductors need to get both timing and form selection right.

India's new tax forms have turned Form 39 into a key arrears-relief checkpoint for employees who may otherwise be pushed into a higher slab by delayed pay.