Union Budget 2026 introduces a new Income Tax Act from April 1, 2026, with simplified rules. Key changes include reduced TCS rates on overseas tour packages and LRS remittances for education/medical.

Changes include lower levy on foreign travel and remittances, longer revision window for returns, relaxed timelines for non ...

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

Union Budget 2026 details direct tax measures, TDS/TCS rate changes, new exemptions, and revised ITR deadlines for taxpayers.

FM Nirmala Sitharaman's Union Budget 2026 cuts TCS rates from 5% to 2% on liquor, scrap, minerals, tendu leaves ...

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: Union Finance Minister Nirmala Sitharaman has announced that tax collected at source for several purposes will ...

For families sending money overseas for education or medical treatment under LRS, the reduction in TCS from 5 per cent to 2 ...

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

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

New proposals in the Union Budget 2026-27 aim to simplify tax compliance and reduce costs for taxpayers, particularly on ...

The issue was prolonged misuse of correction statements due to no statutory deadline. The law now enforces strict timelines, making accurate original filing ...