The Budget confirms that the Income Tax Act, 2025 will take effect from 1 April 2026 with redesigned rules and forms. The move aims to simplify understanding and improve voluntary ...

The Union Budget 2026–27, presented on 01 February 2026, introduces wide-ranging Direct Tax reforms aimed at simplifying ...

While speaking at a post-Budget interactive session organised by the Confederation of Indian Industry (CII), the Secretary highlighted key reforms in direct taxation, and noted that the timeline for ...

CBDT chairman Ravi Agrawal says Budget 2026-27 builds on recent tax reforms to simplify laws, cut litigation and improve certainty ahead of the new Income Tax Act rollout.

True reforms would ensure a level playing field and boost public investments in education, healthcare and social security ...

One of the key changes proposed is the extension of the revised Income Tax Return (ITR) filing deadline. The FM has proposed to shift the last date for filing revised returns to March 31 from the ...

2026 Budget at a Glance PDF: As Union Budget 2026-27 approaches, focus is on potential tax reforms and regulatory ...