The Budget proposes replacing the Income Tax Act, 1961 with the new Income Tax Act, 2025 from April 2026. The key takeaway is a simplified, modern tax law designed for easier ...
The Union Budget 2026-27 has brought significant updates for taxpayers, with Finance Minister Nirmala Sitharaman announcing the implementation of a new Income Tax Act from April 1, 2026. Along with a ...
Budget 2026 introduces significant relief for salaried and middle-class taxpayers, including a new simplified Income Tax Act and automated NIL deduction certificates. Key changes also encompass tax ...
According to the new rules, you will be able to claim your TDS refund even if you file your income tax return late.