Budget 2026 introduces a New Income Tax Act effective April 1, 2026, with staggered ITR filing deadlines and reduced TCS on ...

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

Budget 2026 overhauls India’s tax system by easing filing timelines, cutting overseas TCS rates, exempting key compensation income and opening a one-time foreign asset disclosure window ahead of the ...

Budget 2026 has proposed reducing the tax collected at source from 5% and 20% to a uniform 2%, irrespective of the amount spent.

One of the biggest consumer wins is the sharp cut in TCS on overseas tour packages, now a flat 2 percent with no threshold, compared with the earlier 5 percent and 20 percent slabs.

Finance Minister Nirmala Sitharaman on Sunday, February 1, proposed to increase the time limit for filing the revised income ...

Union Budget 2026 delivers major middle-class relief by extending ITR filing deadlines to March 31, cutting overseas ...

Union Budget 2026 brings major income tax changes, including a new Income Tax Act from April 1, extended deadlines for revised returns, lower TCS rates and new exemptions aimed at easing taxpayer ...

FM announced and extended dates for filing of I-T returns.

Unveiling taxpayer-friendly measures, Finance Minister Nirmala Sitharaman on Sunday reduced TCS rates on overseas medical and ...