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Income tax: 7 major tax changes taking effect from 1 April — explained

The Union Budget 2026 introduced several amendments to the Income Tax Act to simplify compliance and ease procedural burdens for taxpayers. Key changes include a reduction in TCS rates and an ...

Draft Income Tax Rules 2026: With HRA, allowances revised, is any tax relief in sight for salaried earning up to Rs 2 lakh?

As India prepares to roll out the new Income-tax Act and Draft Income-tax Rules from April 1, 2026, experts say the changes are more structural than rate-driven. While tax slabs remain untouched,major ...