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

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

Nirmala Sitharaman has said that the direct income tax rates and slabs remain unchanged. This means taxpayers will continue to pay tax at the same rate as in the current financial year. Under the ...

One of the key changes proposed is the extension of the revised Income Tax Return (ITR) filing deadline. The FM has proposed to shift the last date for filing revised returns to March 31 from the ...

Union Budget 2026 | In her Union Budget speech, Union Finance Minister Nirmala Sitharaman on Sunday announced that Persons ...

The Budget introduces exemptions, lower TCS rates, and simplified compliance to reduce taxpayer burden. Key relief includes tax-free MACT interest and extended timelines for return ...

Taken together, the direct tax proposals in Budget 2026 reflect a reform-oriented rather than relief-oriented approach. The government has chosen to consolidate last year's gains, prioritise a smooth ...

While some proposals were aimed at providing relief to common taxpayers and easing compliance, others like STT hike will ...

On the expenditure side, the outlay for interest payments and states' share of taxes and duties, respectively, stood at 20 ...

Budget 2026 positions real estate as an indirect winner, riding on infrastructure capex, REIT monetisation and rail-led ...

The Finance Bill 2026 confirms that there are no proposed changes to the tax rates specified in the First Schedule of the Income Tax Act. Taxpayers can continue to choose between the existing tax ...

The Union Budget 2026 signals long-term growth for India's automotive industry, emphasizing infrastructure expansion, green ...