As part of the changes, the tax filing deadline for non-audit trusts has been extended to August 31, while the due date for ...
Union Finance Minister Nirmala Sitharaman on Saturday announced sweeping changes to India’s income tax framework, with a ...
Finance Minister Nirmala Sitharaman announced key changes to direct tax rules, simplifying compliance and easing the burden ...
Check out 5 big announcements on direct tax by FM Nirmala Sitharaman as she presented her 9th consecutive Budget.
The Union Budget 2026-27 introduces several direct tax reforms to make life easier for taxpayers. These changes reduce tax deductions, simplify return filing, help small taxpayers, and remove ...
The issue was prolonged misuse of correction statements due to no statutory deadline. The law now enforces strict timelines, making accurate original filing ...
Section 194T mandates 10% TDS on salary, interest, and remuneration paid to partners. Firms must now deduct tax at source ...
Employees earning foreign income face higher tax deductions. This happens because employers cannot apply foreign tax credits ...