Union Budget 2026: New Income Tax Act Brings Simplification and Relief for Taxpayers
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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Union Budget 2026 replaces the Income Tax Act, 1961 with the Income Tax Act, 2025, introducing simpler filing, lower penalties, and digital compliance.
From April 2026, lower and nil TDS certificates can be filed and issued electronically, easing compliance, improving cash flow and reducing delays.
Ahead of Budget 2026, India Inc calls for simpler tax regimes, GST rationalisation and single-window clearances. CXO survey highlights reforms needed to boost ease of doing busine…
From AY 2026–27, pensioners earning up to ₹12 lakh pay zero tax under the new regime as Section 87A rebate is expanded and slabs are simplified.
India to roll out API-based automated tax compliance for GST, income tax and customs by 2026. Know rules, benefits, risks, and business impact.