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 ...

Budget 2026: What changes for India's taxpayers, from ITR deadlines to penalties | Key takeaways ...

The finance ministry has announced several measures aimed at reducing the procedural and administrative burden on taxpayers.

Industry leaders said the measures would reduce compliance burdens and long-standing uncertainty around transfer pricing.

The union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, presented the union Budget 2026‑27 in Parliament on Sunday, announcing a range of direct tax reforms aimed at easing ...

Budget 2026-27 shifts India’s economic policy from expansion to consolidation, emphasizing fiscal discipline, investment-led growth, and procedural certainty. It introduces targeted tax reforms, ...

While Finance Minister Nirmala Sitharaman hasn’t introduced any changes to the Income tax slabs in the Budget 2026, ...

The new disclosure mechanism acknowledges the complexities that many first-time global earners face.

The Union Budget for 2026-27 has proposed a single tax framework for global capability centres, ending years of ambiguity over how their IT services work is taxed.

India's budget proposes a uniform 15.5% tax for overseas tech firms, ending tax ambiguity and boosting investment in global capability centres (GCCs).

Finance Minister Nirmala Sitharaman during her Budget Speech 2026-27 said that individuals filing ITR-1 and ITR-2 will ...

ITR Revision Deadline Extended In Union Budget 2026-27: In a taxpayer-friendly move, the government on Sunday proposed ...