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New ITR forms for FY 2025-26 tighten disclosures on political donations and F&O trades
Business
Published on 24 April 2026
ITR switches spotlight to political donations and F&O details
India’s tax department has released updated ITR forms for FY 2025–26 with stricter disclosure norms, without changing the overall structure. The updates target transparency in areas like political donations, F&O trading, and digital payments. Alongside these tighter checks, taxpayers get small convenience updates such as a secondary address field to streamline personal details filing.
- Updated ITR forms for FY 2025–26 introduce stricter disclosure rules
- Enhanced scrutiny around political donations and F&O trading disclosures
- Digital payments reporting now faces greater transparency requirements
- A secondary address field adds minor convenience during filing
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times