In less than a week from now, on April 1, 2025, the new financial year will begin. With the start of the new financial year, many income tax changes will take effect; it will bring new income tax ...

Income Tax Budget 2026 highlights: Finance minister Nirmala Sitharaman, during the presentation of Union Budget 2026-27, announced that the New Income Tax Act, 2025, will come into effect from April 1 ...

Union Finance Minister Nirmala Sitharaman has entered the history books after presenting the ninth consecutive Budget.

As India prepares to roll out the new Income-tax Act and Draft Income-tax Rules from April 1, 2026, experts say the changes ...

Explains how the new Act replaces the 1961 law, simplifies drafting, introduces the “Tax Year” concept, and aims to reduce litigation and compliance ...

This guide breaks down India’s income tax system, including tax heads, old vs new regimes, and core principles like equity and ...

The Income Tax Act, 2025, simplifies direct taxes, removing ambiguities and thus reducing the scope of legal actions.

As the Finance Minister readies Budget 2026, salaried taxpayers remain split on whether lower rates can truly replace ...

One of the key reasons for higher in-hand salary is the standard deduction benefit available under the new tax regime, which ...

The government has denied that India follows a “multi-layered income-tax structure,” clarifying that income tax is levied ...