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Court News

Union Budget 2026: New Income Tax Act Brings Simplification and Relief for Taxpayers

February 5, 2026

Union Budget 2026 replaces the Income Tax Act, 1961 with the Income Tax Act, 2025, introducing simpler filing, lower penalties, and digital compliance.

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Court News

Budget 2026: Buybacks to Be Taxed as Capital Gains, Ending Company-Level Tax

February 3, 2026

Union Budget 2026 shifts buyback taxation to shareholders, taxing proceeds as capital gains and ending company-level buyback tax under Section 115QA.

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