The Budget proposes replacing the Income Tax Act, 1961 with the new Income Tax Act, 2025 from April 2026. The key takeaway is a simplified, modern tax law designed for easier ...

The Budget adopts a measured approach to personal taxation, prioritising structural improvements over immediate tax relief.

FM Nirmala Sitharaman presented her ninth Budget today. During her speech, she made a key income tax announcement on filing ...

India is progressing towards fully automated Income Tax Return filing. Significant steps have already been taken to simplify ...

The Institute of Chartered Accountants of India (ICAI) has proposed introducing optional joint taxation for married couples ...

Budget 2026 introduces significant changes to income tax filing from April 1, 2026. Revised ITR forms will simplify ...

Check out 5 big announcements on direct tax by FM Nirmala Sitharaman as she presented her 9th consecutive Budget.

Ahead of the Union Budget 2026–27, a major proposal regarding the taxation of married couples has sparked nationwide ...

Budget 2026 brings major relief for taxpayers. From revised ITR deadlines to TCS cuts and simplified tax filing, here’s what ...

At present, India’s income tax system is entirely based on individual taxation, wherein each taxpayer is entitled to a separate basic exemption limit and ...

Budget 2026 may introduce optional joint ITR filing for married couples. Here’s what the proposal means, how tax slabs may change, and expert views from Sajal Goell and Nupur Gupta.