Latest Income Slabs FY 2026-2027 after Budget 2026: Taxpayers will continue to pay income tax as per the ongoing income tax slabs that are currency effective for FY 2025-2026. The income tax slabs ...
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 ...
Income Tax 2026 LIVE updates: Union finance minister Nirmala Sitharaman, while presenting the Union Budget 2026-27, also proposed exemptions on 17 medicines, including cancer and other drugs for ...
For taxpayers without significant deductions, the new regime remains the simpler choice, even without any recent changes this year.
The finance minister announced major income tax reforms last year. However, this year, the govt has kept the tax slabs unchanged. The existing tax slabs will continue to apply for FY2026-2027, which ...
In Budget 2026, the Finance Minister chose to keep income tax slabs unchanged under both the old and the new tax regimes for ...
Explains how agricultural income is fully exempt under Section 10(1) but can impact tax rates on other income. Covers ...
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 ...
New Income Tax Regime Slabs in Budget for FY 2026-27 LIVE Updates: Income tax tweaks directly affect the common man. The ...
The government has denied that India follows a “multi-layered income-tax structure,” clarifying that income tax is levied ...
Budget 2026 introduces major income tax rule changes, including extended ITR revision deadlines, reduced penalties, wider ...
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