Advance Release Calendar of AICPI-IW for the Year 2026

Form 26AS has now evolved into a much more powerful financial statement under the New Income Tax Act, 2025

Form 26AS has now evolved into a much more powerful financial statement under the New Income Tax Act, 2025.

Starting from FY 2026-27, the traditional Form 26AS is being replaced and renumbered as Form 168 under the new Income Tax Rules, 2026. This is not just a name change — the government has significantly expanded the amount of financial information available to taxpayers and the Income Tax Department.

📌 WHAT WAS OLD FORM 26AS?

Earlier, Form 26AS mainly contained:

✅ TDS deducted on salary, interest, etc.

✅ TCS details

✅ Advance tax & self-assessment tax paid

✅ Refund details

But now, the new system is much broader and more transparent.

🔥 NEW FEATURES OF FORM 26AS / FORM 168 (AIS)

The upgraded statement now works alongside AIS (Annual Information Statement) and gives a complete financial profile of the taxpayer.

It may include details such as:

✔ Salary income

✔ Bank interest

✔ Dividend income

✔ Mutual fund investments

✔ Share market transactions

✔ Property purchase/sale

✔ Foreign remittances

✔ Credit card transactions

✔ GST turnover information

✔ Income tax refunds & interest

✔ High-value financial transactions

✔ Off-market transactions

✔ Pending and completed tax proceedings

This means the Income Tax Department can now match your ITR with multiple financial databases automatically.

📌 WHY THIS CHANGE IS IMPORTANT?

✅ Better transparency for taxpayers

✅ Easier ITR filing with pre-filled information

✅ Reduced chances of missing income disclosure

✅ Faster detection of mismatches

✅ Helps avoid notices due to incorrect reporting

⚠ IMPORTANT FOR TAXPAYERS

Before filing your Income Tax Return (ITR), always verify:

🔹 AIS

🔹 TIS (Taxpayer Information Summary)

🔹 Form 26AS / Form 168

🔹 Form 16 / TDS certificates

Even a small mismatch between your ITR and AIS may trigger notices or scrutiny.

📌 MAJOR CHANGE IN 2026

Under the new Income Tax Rules:

➡ Form 26AS ➜ Form 168

➡ Form 16 ➜ Form 130

➡ Form 16A ➜ Form 131

This renumbering is part of the complete modernization of India’s tax reporting system.

💡 FINAL TAKEAWAY

The new Form 26AS is no longer just a TDS statement — it has become a complete financial intelligence statement of the taxpayer.

👉 If you file ITR without checking AIS/Form 26AS properly, chances of mismatch notices can increase significantly.

GOOD HEALTH TPA

DEAR ALL,

Good health TPA sending E card on your email id. Pls check your email.

R K SAHNI 

LIC INVESTORS PRESENTATION 2026

LIC INVESTORS PRESENTATION 2026

Click below:-

https://drive.google.com/file/d/1VOZOjCicUtayOqe2ps_WsgvvSaVMgNNj/view?usp=drivesdk

PIB:Launch of JEEVAN App and SHATAYU Geriatric Caregiver Dashboard

Launch of JEEVAN App and SHATAYU Geriatric Caregiver Dashboard. 

https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2264053&RegID=3&LID=1

35-40% Advocates Are Fake : Bar Council Of India Chairperson

35-40% Advocates Are Fake : Bar Council Of India Chairperson

Click below:-


https://www.livelaw.in/top-stories/35-40-advocates-are-fake-bar-council-of-india-chairperson-535382

PIBDFS reiterates its commitment towards promoting accessible and inclusive financial services for all citizens, including Persons with Disabilities (PwDs)

DFS reiterates its commitment towards promoting accessible and inclusive financial services for all citizens, including Persons with Disabilities (PwDs) 

Click below:'

https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2263850&RegID=3&LID=1

LIC OF INDIA: LEADING WITH PURPOSE, SERVING WITH PASSION

LIC PERFORMANCE HIGHLIGHTS

Press Release on Performance update

LIC  Press Release on Performance update

Click below:-

https://drive.google.com/file/d/121PJpPJbt-JhIrqFz9Y3IQwn8PLP2K7l/view?usp=drivesdk

PIBClarification on false claims on monetisation of temple gold holdings

Clarification on false claims on monetisation of temple gold holdings 

Click below:-

https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2262602&RegID=3&LID=1

LIC 1:1 Bonus Issue: State-Run Insurer Gets Key Shareholder Nod

LIC 1:1 Bonus Issue: State-Run Insurer Gets Key Shareholder Nod

Click below :-

  https://share.google/CJo1LxDZCGpY5ei1c

Introduction of Retirement Income Schemes (RIS) and Drawdown options under the National Pension System (NPS): PFRDA Circular | StaffNews

Introduction of Retirement Income Schemes (RIS) and Drawdown options under the National Pension System (NPS): PFRDA Circular | StaffNews:

 Introduction of Retirement Income Schemes (RIS) and Drawdown options under the National Pension System (NPS): PFRDA Circular dated 15.05.2026