Rather than extending broad-based tax cuts, Budget 2026 eases compliance requirements, rationalises TCS and offers relief on motor accident compensation thus benefitting middle class and salaried ...
FM Nirmala Sitharaman's Union Budget 2026 cuts TCS rates from 5% to 2% on liquor, scrap, minerals, tendu leaves ...
Check out 5 big announcements on direct tax by FM Nirmala Sitharaman as she presented her 9th consecutive Budget.
New proposals in the Union Budget 2026-27 aim to simplify tax compliance and reduce costs for taxpayers, particularly on ...
One of the most important announcements is related to the Income Tax Return (ITR) deadline. The due date for filing ITR-1 and ...
Union Budget 2026 delivers major middle-class relief by extending ITR filing deadlines to March 31, cutting overseas ...
The government also proposed reduction in TCS rate for pursuing education and medical education under liberalised remittance ...
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.