The evolution of India’s tax compliance framework under the Income-tax Act, 2025 and the Income-tax Rules, 2026 signals a decisive move toward greater digitization, standardization, and strengthened regulatory oversight. Traditionally, Forms 15CA and 15CB have played a pivotal role in governing foreign remittance compliance where Form 15CA served as a declaration by the remitter, and Form 15CB provided a Chartered Accountant’s certification on the taxability…
