Explains how the new tax code replaces the 1961 Act with simpler rules and fewer exemptions. The key takeaway is a clearer, taxpayer-centric framework effective from April ...
Budget 2026 will be the first major exercise under the Income Tax Act, 2025, replacing the 1961 law. Learn how new tax slabs, exemptions, and compliance rules will impact taxpayers from April 1, 2026.
Budget 2026 income tax expectations: Will FM Nirmala Sitharaman reduce the number of tax slabs under the new income tax ...
Ahead of Budget 2027, experts expect limited income tax changes, with focus on tax certainty, TDS simplification, and ...
Incremental measures could enhance the new tax regime’s appeal, especially for middle-class taxpayers who continue to find ...
Budget 2026 expectations: The government had in the past considered the option of one uniform ITR form for all taxpayers, to ...
Budget 2026 income tax expectations: Salaried taxpayers are looking at FM Nirmala Sitharaman to provide further relief under ...