Budget 2026 will be the first major exercise under the Income Tax Act, 2025, replacing the 1961 law. Learn how new tax slabs, exemptions, and compliance rules will impact taxpayers from April 1, 2026.

India's new Income Tax Act, 2025, effective April 1, 2026, aims to simplify tax rules and enhance compliance. Key changes ...

Union Budget 2026 may bring major income tax changes, including revisions in tax slabs, HRA rules, 80C and 80D deductions, ...

India is set to introduce a new Income Tax Act in 2025, replacing the old law from 1961. This change aims to simplify tax ...

Returning Indians face significant tax challenges, often experiencing 'return shock' due to complex rules on residency, ...

Returnees to India often face challenges with taxes due to changes in residential status and unfamiliarity with local tax ...

In the previous Union Budget, the Section 87A rebate was reworked to directly benefit low- and middle-income earners, ...

EY expects significant changes in the direct tax framework, particularly to ensure a smooth transition to the New Income Tax Act, 2025. It has called for detailed guidelines and FAQs to reduce ...

This explains how different securities are taxed under Indian income-tax law. The key takeaway is that asset classification, not just holding period, determines the tax ...

When the asset being traded is human attention, behavioural profiles, algorithmic insights and predictive monetisation, the old tax rules — tethered to territory and physical presence — begin to ...

Tax advisory platform Tax Buddy said the crux of Binny Bansal’s case lay in how India’s residency rules are interpreted under ...