Budget 2026 brings major relief for taxpayers. From revised ITR deadlines to TCS cuts and simplified tax filing, here’s what ...
Income Tax Budget 2026 highlights: Finance minister Nirmala Sitharaman, during the presentation of Union Budget 2026-27, announced that the New Income Tax Act, 2025, will come into effect from April 1 ...
Tax experts say the new rules will significantly influence how taxpayers file returns, disclose income, manage penalties and ...
Budget 2026 approaches with taxpayers focused on the income tax rebate. Experts anticipate changes to Section 87A, potentially increasing limits or introducing gradual tapering. The rebate aims to ...
The Income Tax Act, 2025, simplifies direct taxes, removing ambiguities and thus reducing the scope of legal actions.
According to the new rules, you will be able to claim your TDS refund even if you file your income tax return late.
EPFO said the rationalisation will serve the interests of all stakeholders by ensuring convergence between the Income Tax Act and EPF laws.
From April 1, the Income Tax Act, 2025, will come into effect, replacing the six-decade-old 1961 law, with all tax changes announced in the 2026–27 Budget set to be incorporated into the new framework ...
The amendment clarifies the two-year nil annual value period for unsold stock-in-trade property. It also confirms that prior-period interest is included within the ₹2 lakh deduction ...
The Finance Bill, 2026 proposes sweeping changes to TCS, return filing timelines, penalties, and MAT to simplify compliance and reduce ...
India’s new tax regime expands on April 1, 2026, offering wider slabs, a Rs 60,000 rebate, and the rollout of the simplified ...