The Union Budget 2026 has delivered long-awaited clarity for millions of taxpayers by removing confusion around income tax ...
Union Budget 2026 delivers major middle-class relief by extending ITR filing deadlines to March 31, cutting overseas ...
Union Budget 2026 introduces a new Income Tax Act from April 1, 2026, with simplified rules. Key changes include reduced TCS rates on overseas tour packages and LRS remittances for education/medical.
Exemption on insurance interest awards, nil deduction certificates for small taxpayers, and extension of the ITR filing deadline for non-audit cases to 31 August, key updates for individual taxpayers ...
In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced a three-month extension for filing ...
The Court held that failure to upload the prescribed form cannot defeat a tax benefit when the option was clearly exercised in the return. Procedural lapses were directed to be regularised under ...
Finance Minister Nirmala Sitharaman's ninth budget speech offers a scope for growth to the middle class and small investors ...
Here are the highlights from the changes to direct tax proposals announced by Finance Minister Nirmala Sitharaman in her Union Budget 2026-27 speech in the Lok Sabha.
Budget 2026-27 introduces measures simplifying tax compliance for small taxpayers, including reduced TCS rates and ...
The new law aims to replace the long-standing Income Tax Act, 1961, with clearer language, simpler rules, and easier ...
The finance minister announced major income tax reforms last year. However, this year, the govt has kept the tax slabs unchanged. The existing tax slabs will continue to apply for FY2026-2027, which ...
The court held that technical difficulties justified condonation of delay in filing the prescribed form for concessional tax.