The draft rules aim to simplify tax compliance, reduce complexity, and make filing returns easier for individuals and ...

This explains how the new law defines “income” using an inclusive approach rather than a fixed list. The key takeaway is that any real economic gain is taxable unless specifically ...

The Budget 2026: Finance Minister in the budget 2026 highlighted maintaining the existing income tax slabs but introduces a ...

Presenting the Union Budget 2026–27 in the Lok Sabha, FM Sitharaman said all direct tax changes proposed in the Budget would ...

The Budget confirms that the Income Tax Act, 2025 will take effect from 1 April 2026 with redesigned rules and forms. The move aims to simplify understanding and improve voluntary ...

Budget 2026 delivered significant relief through a rationalisation of TDS and TCS provisions. The TCS rate on overseas tour ...

T department has released draft rules and forms for the new Income Tax Act 2025, aiming to simplify compliance and enhance ...

The Income Tax Act, 2025, scheduled for April 1, 2026, aims to replace the outdated tax law and streamline tax compliance for ...

Union finance minister Nirmala Sitharaman, while presenting the Union Budget 2026-27, also proposed exemptions on 17 ...

The Income Tax Act, 2025 will come into force from April 1, Finance Minister Nirmala Sitharaman said. It will replace the six ...

Budget 2026 has introduced a full income tax exemption for compensation received from the government for land acquired under ...

According to KPMG in India’s pre-Budget Survey 2026, businesses have urged the government to prioritise reforms in key problem areas, including TDS, TCS, capital gains taxation, and the assessment and ...