New Income Tax Act will come into effect on April 1, 2026: FM Sitharaman

Finance Minister Nirmala Sitharaman announces a new Income Tax Act effective April 1, 2026, with simplified rules coming soon ...

Budget 2026: No Changes In Income Tax Slab; New IT Act From April 1

Budget 2026 delivers a major direct tax overhaul with a new Income Tax Act effective April 1, 2026, lower TCS rates, ...
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New Income Tax Act Effective April 1, Says FM Sitharaman

Finance Minister Nirmala Sitharaman confirmed that the Income Tax Act, 2025 will officially replace the archaic 1961 Act ...

Faceless tax assessment lost its way: Why Budget 2026 must fix system, not expand compliance burden

With the new Income-tax Act approaching, Budget 2026 presents a crucial chance to reform India's Faceless Assessment Scheme.
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Explainer: Simplified Income Tax Act, 2025, to come into force from April 1

Beginning April 1, the Income Tax Act, 2025, will come into force replacing the six-decade old tax law and the changes made in tax laws in 2026-27 Budget will be incorporated in the new legislation.

No income tax changes in Budget 2026: How presumptive tax apply for consultants under old and new regimes

Under the presumptive taxation rule, while key tax benefits do not apply to the new tax regime, consultants opting for the ...