April 1 Financial Changes Highlights: Several key financial and regulatory changes are set to come into effect from April 1, 2025, which is just a few days away. With the beginning of financial year 2026-27 (FY27), a host of changes will be implemented in India. The changes from 1 April include changes in income tax … Read more
If trust has been Nirmala Sitharaman’s byword for taxpayers so far, she took it further this year to improve ‘ease’ of filing and updating returns, and encouraging voluntary compliance to cut down on litigation. Sitharaman said the new Income Tax Act, 2025, which comes into force from April 1, is revenue-neutral, with no changes to … Read more
Budget 2026 Expectations on Income Tax Highlights: Finance Minister Nirmala Sitharaman is set to present the Union Budget 2026 on 1 February at the Parliament. Ahead of the India Budget, taxpayers are excited to see an income tax cut like last year. In Budget 2025, FM Sitharaman gave a boost to taxpayers by overhauling the … Read more