Income Tax Act 2025 Effective April 1, 2026: Major Compliance Simplification
The Income Tax Act, 2025, will come into effect from April 1, 2026, introducing simplified rules, redesigned forms, and direct tax relief measures to ease taxpayer compliance. These reforms reduce litigation, clarify ambiguities, and lower transaction costs for individuals and businesses. Key Relief Measures and Exemptions Motor Accident Claims Tribunal
Union Budget 2026: Empowering Taxpayers with Relief and Simplicity
The Union Budget 2026 presentation on February 1 promises continued progress in taxpayer-friendly reforms, easing financial pressures for millions under a stable and growth-oriented framework. With Finance Minister Nirmala Sitharaman delivering her ninth consecutive speech, expectations are high for enhancements that build on recent simplifications and economic momentum. Anticipated Tax
