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

Union Budget 2026 details direct tax measures, TDS/TCS rate changes, new exemptions, and revised ITR deadlines for taxpayers.

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

As part of the changes, the tax filing deadline for non-audit trusts has been extended to August 31, while the due date for salaried taxpayers remains unchanged at July 31.

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

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

One of the most important announcements is related to the Income Tax Return (ITR) deadline. The due date for filing ITR-1 and ...

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

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

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

Union Finance Minister Nirmala Sitharaman on Saturday announced sweeping changes to India’s income tax framework, with a ...