While it is not discussed as widely as income tax, professional tax is crucial for individuals earning incomes from their ...

Professional tax: who must pay it, which states levy it, how it differs from income tax, and what it means for your take-home ...

Income Tax Budget 2026 highlights: Finance minister Nirmala Sitharaman, during the presentation of Union Budget 2026-27, announced that the New Income Tax Act, 2025, will come into effect from April 1 ...

B. Shravanth Shanker, managing partner at B. Shanker Advocates LLP, says middle-income salaried taxpayers benefit where ...

Taxation in India is the primary tool for the government to generate revenue, which is subsequently used for infrastructure ...

Union Budget 2026 highlights the new tax regime's advantage for salaried individuals. Lower tax rates under the new system ...

Income Tax 2026 LIVE: Presenting her ninth consecutive Union Budget in the Parliament on Sunday, finance minister Nirmala Sitharaman announced that the new Income Tax Act will come into effect from ...

Finance Minister Nirmala Sitharaman on Sunday announced during her Budget 2026 presentation that the Income Tax Act, 2025, will be implemented from 1 April 2026, and all rules and tax return forms ...

In India, taxpayers are required to pay various types of taxes at multiple levels, including the state and central government, both direct and indirect. Indirect taxes include GST and VAT, while ...

Did our AI summary help? Finance Minister Nirmala Sitharaman has kept both the old and new tax regimes largely unchanged in the Union Budget 2026. In such a scenario, consultants will continue to ...

A legal and practical analysis of India’s tax complexity, challenges faced by taxpayers, judicial insights, and reforms aimed at simplification and ...

Finance Minister Nirmala Sitharaman has confirmed that India’s new Income Tax Act, notified in July 2025, will take effect from April 1, 2026, ushering in the next phase of tax reform. Budget 2026 ...