EPFO Welcomes Rationalisation of Income Tax Regime for Provident Funds
Recognized Provident Funds are governed by Schedule XI of the Income Tax Act, 2025. At present, there is a divergence […]
Income Tax Press Release – 2026
Union Budget 2026-27: Ease of Living Through Direct Tax Reforms: Income Tax Exemption on Interest Awarded by the Motor Accident Claims Tribunal, Automated Lower/Nil TDS Certificate Scheme for Small Taxpayers, Extended Return Revision Window to 31 March for a Nominal Fee, and a One-Time 6-Month Foreign Asset Disclosure Scheme for Small Taxpayers
A range of proposals on Direct Taxes to ensure ‘Ease of living’ for taxpayers have been announced by Union Minister
Union Budget 2026-27: Income Tax Act, 2025 to Come Into Effect from 1 April 2026 With Major Tax Changes Including TCS Rate Rationalization to 2% for Scrap and Minerals, Reduced TCS to 2% on LRS Remittances for Education and Medical Treatment, and Share Buyback to Be Taxed as Capital Gains for All Categories of Shareholders
Union Budget 2026-27 presented by the Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman in the Parliament today
