The 2018 Tax Act created a new deduction for qualified business income earned by an individual. The basic deduction is 20% of ...

The Finance Bill 2026 introduces retrospective amendments to the Income-tax Act, 1961, addressing key court rulings. These ...

Finance Minister Nirmala Sitharaman proposed reforms to simplify the prosecution framework under the Income Tax Act while ...

Under the new tax regime for FY27, salaried individuals below 60 years of age will continue to pay no tax on income up to ₹4 lakh. Income between ₹4 lakh and ₹8 lakh will be taxed at 5%, ₹8 lakh to ...

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

For taxpayers without significant deductions, the new regime remains the simpler choice, even without any recent changes this ...

The income-tax slabs relevant for Assessment Year 2026-27 remain the same as those announced in Union Budget 2025.

Budget 2026 key announcements by Finance Minister Nirmala Sitharaman include new investment rules for Non-Residents.

Finance Minister Nirmala Sitharaman will present Budget 2026 in a matter of just few hours. Ahead of the Union Budget 2026, ...

Last year, FM Sitharaman announced major changes in the new income tax regime, and while tax experts believe that there is ...

Retirement savings streamlined by removing 12% tax ceiling on employer Provident Fund contributions and providing companies ...