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 ...

If you were hoping for a last-minute tax surprise in Budget 2026, here’s the short answer: nothing changes. Finance Minister Nirmala Sitharaman has kept income tax slabs unchanged for FY 2026–27 under ...

Budget 2026 introduces significant perquisite rule changes, lowering taxable housing valuations and increasing tax-free ...

Explains how Section 3 defines the earning year and the taxation year under the Income-tax Act. Clarifies why income earned in one year is taxed in the ...

New draft rules for the Income Tax Act, 2025, are sparking a debate between old and new tax regimes. Salaried taxpayers may ...

The Income Tax Draft Rules 2026 has proposed hikes in transport allowance, children’s education allowance, hostel allowance, disability transport allowance and underground allowance.

Latest Income Slabs FY 2026-2027: Finance Minister Nirmala Sitharaman has kept the income tax slabs for the upcoming financial year FY 2026-2027 unchanged for both the old and new income tax regime.