One of the biggest consumer wins is the sharp cut in TCS on overseas tour packages, now a flat 2 percent with no threshold, compared with the earlier 5 percent and 20 percent slabs.
Union Budget 2026 introduces a new Income Tax Act effective April 1, 2026, offering major relief through simplified ...
Union Budget 2026: FM Nirmala Sitharaman announces a new automated scheme for small taxpayers in the FY27 Budget, enabling ...
Budget 2026 overhauls India’s tax system by easing filing timelines, cutting overseas TCS rates, exempting key compensation income and opening a one-time foreign asset disclosure window ahead of the ...
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 new law aims to replace the long-standing Income Tax Act, 1961, with clearer language, simpler rules, and easier ...
Union Finance Minister Nirmala Sitharaman on Saturday announced sweeping changes to India’s income tax framework, with a ...
The Budget adopts a measured approach to personal taxation, prioritising structural improvements over immediate tax relief.
The Union Budget 2026–27 can be described as a strategic, reform-oriented roadmap centred on the "3 Kartavya" framework to ...
To ensure ease of living for taxpayers, the Union Budget 2026-27 on Sunday announced a range of proposals on direct taxes, ...
Stocks to watch as Hindustan Zinc plans a ₹4,600 crore OFS, TCS invests in Brazil, Tata Power expands IoT play, and LIC buys ...