As Budget 2026 draws closer, expectations are rising that the government may simplify personal income tax the way it streamlined GST. With GST moving towards fewer, broader rates over the past year, ...

The new Income Tax Bill has been tabled in Parliament today. The new Income Tax bill, effective from April 1, 2026, will replace the current Income Tax Act 1961. The new bill aims to simplify the ...

Budget 2026 income tax expectations: Will FM Nirmala Sitharaman reduce the number of tax slabs under the new income tax ...

The latest income tax slabs specify the tax rates applicable to different income levels for individuals in India. They also determine the income threshold up to which no tax is payable, the rates ...

Budget 2026 income tax: Will FM Nirmala Sitharaman announce changes in the new income tax regime, which more taxpayers are ...

Budget 2026: As the Union Budget 2026 nears, taxpayers anticipate changes to income tax slabs, deductions, and rebates.

Union Finance Minister Nirmala Sitharaman will present the Budget for FY 2026-27 on Sunday, February 1, 2026, at 11 am. Indian taxpayers are hopeful that Budget 2026 will bring further relief through ...

As India prepares for the Union Budget 2026, here’s a quick run-down of income tax slabs under both old and new regimes— ...

Higher LTCG exemption, ₹1 lakh standard deduction, slab rationalisation are the major expectations in Union Budget 2026.

Tax experts advocate increasing India's 30% tax slab from Rs 24 lakh to Rs 35 lakh to counter inflation, boosting ...

As Budget 2026-27 approaches, taxpayers are keenly watching whether the government will once again tweak income tax slabs ...

New law replaces the 1961 Act from April 1, simplifying tax provisions, cutting litigation, removing obsolete taxes, and ...