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.
Budget 2026 income tax: Will FM Nirmala Sitharaman announce changes in the new income tax regime, which more taxpayers are ...
As India prepares for the Union Budget 2026, here’s a quick run-down of income tax slabs under both old and new regimes— ...
At present, India’s income tax system is entirely based on individual taxation, wherein each taxpayer is entitled to a separate basic exemption limit and ...
From 11 tax slabs post-independence, the taxation system in India now has seven tax slabs under the New Tax Regime introduced ...
The proposed reform by ICAI will allow couples to file a joint tax return, offering relief to families that depend on a ...
Union Finance Minister Nirmala Sitharaman will present the Budget for FY 2026-27 on Sunday, February 1, 2026, at 11 am. Indian taxpayers are hopeful that Budget 2026 will bring further relief through ...
Under the ICAI’s proposal, married couples choosing joint filing would be assessed on their combined income, with the basic ...
Once implemented, the joint tax system will be extremely useful for single-income families, retired couples, and families where the tax exemption for the non-earning spouse currently goes unused.