Explains how the new tax code replaces the 1961 Act with simpler rules and fewer exemptions. The key takeaway is a clearer, taxpayer-centric framework effective from April ...

India's new Income Tax Act, 2025, effective April 1, 2026, aims to simplify tax rules and enhance compliance. Key changes ...

Budget 2026 will be the first major exercise under the Income Tax Act, 2025, replacing the 1961 law. Learn how new tax slabs, exemptions, and compliance rules will impact taxpayers from April 1, 2026.

Ahead of Budget 2027, experts expect limited income tax changes, with focus on tax certainty, TDS simplification, and possible relief under Section 80C.

(The Center Square) – Every state that implemented an individual income tax since 1960 had both its gross domestic product and total tax revenue decline, Dr. Arthur B. Laffer of The Laffer Center told ...

Incremental measures could enhance the new tax regime’s appeal, especially for middle-class taxpayers who continue to find ...

Budget 2026 income tax: Will FM Nirmala Sitharaman announce changes in the new income tax regime, which more taxpayers are ...

Budget 2026 income tax expectations: Will FM Nirmala Sitharaman reduce the number of tax slabs under the new income tax regime to ease compliance and reduce confusion for taxpayers? Times of India Onl ...

This explains how an HUF is recognised as a separate taxable entity and how it is taxed. The key takeaway is that HUF remains ...

Pravin Kaushal writes that joint tax smoothens disparities between high- and low-earning spouses by averaging income across ...