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

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

This proposal is important as excess tax deduction at source (TDS) creates liquidity challenges for small taxpayers. They have to wait for refunds after filing their returns. For instance, a ...

As part of the changes, the tax filing deadline for non-audit trusts has been extended to August 31, while the due date for salaried taxpayers remains unchanged at July 31.

The Bill proposes later return filing deadlines, longer revision windows, and electronic TDS certificate mechanisms. The key takeaway is reduced compliance pressure and fewer procedural ...

Finance Minister Nirmala Sitharaman announced key changes to direct tax rules, simplifying compliance and easing the burden ...

Union Budget 2026 brought significant relief for individual and small taxpayers, with Finance Minister Nirmala Sitharaman ...

Budget 2026 simplifies NRI tax compliance by removing TAN requirements for property sales, extending return filing deadlines, and streamlining TDS procedures for smoother Indian investments.

The Budget proposes replacing the Income Tax Act, 1961 with the new Income Tax Act, 2025 from April 2026. The key takeaway is a simplified, modern tax law designed for easier ...

What will be the income tax slabs for FY 2026-27 after Budget 2026? Finance Minister Nirmala Sitharaman is presenting th ...

The Income Tax Appellate Tribunal Mumbai has ruled in favour of a taxpayer. The tribunal stated that the tax department must provide TDS credit shown in Form 26AS. This decision came after a taxpayer ...