Union Finance Minister Nirmala Sitharaman has entered the history books after presenting the ninth consecutive Budget.

Income Tax Budget 2026 highlights: Finance minister Nirmala Sitharaman, during the presentation of Union Budget 2026-27, announced that the New Income Tax Act, 2025, will come into effect from April 1 ...

Latest Income Slabs FY 2026-2027: Finance Minister Nirmala Sitharaman has kept the income tax slabs for the upcoming financial year FY 2026-2027 unchanged for both the old and new income tax regime.

The government has kept income tax rates unchanged for the financial year 2026-27. Finance Minister Nirmala Sitharaman presented the Union Budget 2026 on February 1, 2026, but there were no revisions ...

As the Finance Minister readies Budget 2026, salaried taxpayers remain split on whether lower rates can truly replace ...

B. Shravanth Shanker, managing partner at B. Shanker Advocates LLP, says middle-income salaried taxpayers benefit where ...

The Income Tax Act, 2025, simplifies direct taxes, removing ambiguities and thus reducing the scope of legal actions.

Finance Minister Nirmala Sitharaman's Budget 2026 speech brought no changes to debt mutual fund taxation, maintaining taxation at slab rates. Recent amendments, particularly from Budget 2024, reduced ...

Budget 2026 reshapes taxation of unexplained income. Self-reporting undisclosed income now attracts a 30% tax rate. This is a significant reduction from the previous 60% rate. Income detected by tax ...

The article analyses whether lower tax rates under Section 115BAC outweigh the loss of deductions, examining legal validity and financial impact on middle-class ...

The government has denied that India follows a “multi-layered income-tax structure,” clarifying that income tax is levied ...