Budget 2026 delivered significant relief through a rationalisation of TDS and TCS provisions. The TCS rate on overseas tour programme packages has been slashed to 2%, down from the earlier 5% and 20%, ...

Income Tax Slabs Union Budget 2026, New Income Tax Slabs and Rates 2026-27: Finance Minister Nirmala Sitharaman presented her ...

Union Budget 2026 introduces a new Income Tax Act effective April 1, 2026, offering major relief through simplified ...

Will FM Sitharaman phase out the old tax regime? Check the latest slab rates under new tax regime vs old tax regime.

The Finance Minister did not propose any revisions to Income Tax slabs or rates under either the old or new tax regime for FY ...

Union Finance Minister Nirmala Sitharaman announces income tax exemption on interest awarded by the Motor Accident Claims Tribunal, with TDS on such interest done away with.

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

At the beginning of each financial year, salaried employees face an important question from their employers: Which tax regime do they want to choose - the old tax regime or new - for the purpose of ...

Employees earning foreign income face higher tax deductions. This happens because employers cannot apply foreign tax credits ...

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

Finance Minister Nirmala Sitharaman on Sunday simplified Tax Deducted at Source (TDS) on property sales by non-residents ...

From the rollout of the Income Tax Act, 2025 to extended deadlines, foreign asset disclosures, and changes impacting investors, here are the top 10 income tax announcements in Budget 2026, with a ...