Income Tax Slabs Union Budget 2026, New Income Tax Slabs and Rates 2026-27: Finance Minister Nirmala Sitharaman presented her ...

The Income Tax Act, 2025, will come into force from April 1, replacing the 1961 law. The revenue-neutral legislation simplifies tax rules, reduces litigation, introduces a single tax-year system, and ...

Nirmala Sitharaman proposed to increase time limit for filing revised Income Tax return from December 31 to March 31, on ...

Finance Minister Nirmala Sitharaman confirmed that the Income Tax Act, 2025 will officially replace the archaic 1961 Act starting April 1, 2026.