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 ...

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

B. Shravanth Shanker, managing partner at B. Shanker Advocates LLP, says middle-income salaried taxpayers benefit where ...

Explains how the new tax regime under Section 115BAC impacts higher-income salaried taxpayers, analysing the 25% slab, loss ...

Income tax slabs for FY 2026-27 remain unchanged for both the old and new tax regimes. Taxpayers will continue to use the existing slab structures, with no revisions in rates or income thresholds.

The Draft Income Tax Rules 2026 offer a number of welcome benefits and procedural clarity for taxpayers. These draft rules ...

The Income Tax Department is likely to notify the draft Income Tax Rules, 2026 and the accompanying forms in the first week ...

The previous Income Tax Act was over 65 years old and had more than 800 sections. The new law reduces this to around 536 sections and removes many explanations and provisos that made the law ...

What do the draft income tax rules mean for the common man? How does the calculation math for the old vs new income tax ...

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