Check out 5 big announcements on direct tax by FM Nirmala Sitharaman as she presented her 9th consecutive Budget.

Budget 2026 introduces a New Income Tax Act effective April 1, 2026, with staggered ITR filing deadlines and reduced TCS on ...

FM Nirmala Sitharaman's Union Budget 2026 cuts TCS rates from 5% to 2% on liquor, scrap, minerals, tendu leaves ...

New proposals in the Union Budget 2026-27 aim to simplify tax compliance and reduce costs for taxpayers, particularly on ...

Budget 2026 has proposed reducing the tax collected at source from 5% and 20% to a uniform 2%, irrespective of the amount spent.

Union Budget 2026 delivers major middle-class relief by extending ITR filing deadlines to March 31, cutting overseas ...

Budget 2026 focuses on compliance-friendly reforms, easing return timelines, rationalising TCS, and encouraging voluntary disclosure, while preparing taxpayers for a smoother transition to the new inc ...

The government also proposed reduction in TCS rate for pursuing education and medical education under liberalised remittance ...