The Budget introduces a new tax law, automated processes, and rationalised penalties. The key takeaway is faster compliance with fewer ...

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 ...

The Budget introduces exemptions, lower TCS rates, and simplified compliance to reduce taxpayer burden. Key relief includes ...

Corporate tax rationalisation, faceless assessment, and technology-led compliance have expanded the tax base and reduced ...

At the core of the reform is a zero personal income tax liability for individuals earning up to Rs 12 lakh, with the ...

As Budget 2026 approaches, targeted reforms can significantly reinforce India’s commitment for a stable and business-friendly tax regime.

India's government has finalized key direct tax reforms to boost investment and simplify compliance. Measures include ...

Budget 2026 avoids headline tax cuts, choosing clarity, certainty and structural reform—reshaping buy-back taxation, MAT, GIFT City incentives and compliance to align tax outcomes with long-term ...

2026 Budget at a Glance PDF: As Union Budget 2026-27 approaches, focus is on potential tax reforms and regulatory simplification. Last year's budget prioritized infrastructure, employment, MSME ...

A national task force on tax reforms has recommended that the government introduce a single rate of value-added tax (VAT), doing away with multiple rates of the indirect tax paid by final consumers.