Check out 5 big announcements on direct tax by FM Nirmala Sitharaman as she presented her 9th consecutive Budget.

Tax experts say the new rules will significantly influence how taxpayers file returns, disclose income, manage penalties and ...

Union Budget 2026 details direct tax measures, TDS/TCS rate changes, new exemptions, and revised ITR deadlines for taxpayers.

This proposal is important as excess tax deduction at source (TDS) creates liquidity challenges for small taxpayers. They have to wait for refunds after filing their returns. For instance, a ...

Moving beyond rate-centric reforms, the government has focused on re-designing the compliance lifecycle spanning original ...

As part of the changes, the tax filing deadline for non-audit trusts has been extended to August 31, while the due date for salaried taxpayers remains unchanged at July 31.

What will be the income tax slabs for FY 2026-27 after Budget 2026? Finance Minister Nirmala Sitharaman is presenting th ...

Finance Minister Nirmala Sitharaman announced key changes to direct tax rules, simplifying compliance and easing the burden ...

Union Budget 2026 brought significant relief for individual and small taxpayers, with Finance Minister Nirmala Sitharaman ...

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 ...

Budget 2026 simplifies NRI tax compliance by removing TAN requirements for property sales, extending return filing deadlines, and streamlining TDS procedures for smoother Indian investments.