Reduced TCS, extended ITR deadline, simplified TDS on property, centralised Form 15G/H, immunity from tax prosecution and more in Budget 2026Budget 2026 brings major changes to personal income tax. Tax Collected at Source rates are reduced. Deadlines for filing income tax returns...
02 Feb, 2026, 05.43 PM IST
ET Wealth Online impact on Budget 2026: Buyback tax, Black Money Act, ITR penalties, NRI property sales, how taxpayers' concerns were addressedBudget 2026 brings significant changes for taxpayers. ET Wealth Online's concerns have been addressed, impacting buyback taxation and NRI p...
02 Feb, 2026, 01.41 PM IST
Budget 2026 Key Highlights: Income tax slab, new ITR forms, filing due dates, stock buyback taxation; penalty on crypto-related income tax reporting and moreBudget 2026 brings key changes for taxpayers. The income tax return correction window extends to March 31. TDS and TCS rules are simplified...
01 Feb, 2026, 05.56 PM IST
Budget 2026’s Tax Test: India needs fewer tax tangles and more investment muscleIndia Budget 2026 should continue India's tax reform momentum by simplifying TDS, rationalizing buyback provisions, and facilitating sector...
30 Jan, 2026, 01.39 PM IST
Budget 2026: Ficci pushes for tax certainty, faster dispute resolutionCorporate India is rallying for crucial reforms as the budget season approaches. Their wishlist highlights the necessity for minimized lega...
29 Oct, 2025, 12.32 AM IST
Market cheers Infosys buyback, but tax bite looms for investorsInfosys' ₹18,000-crore buyback has sparked excitement, but new tax rules shift the burden to shareholders. The entire buyback amount is now...
16 Sep, 2025, 10.42 AM IST
ITR filing FY24-25: ITR-3 form notified by the CBDT: Know what this means for taxpayers; Who is eligible?The CBDT has notified the simplified ITR-3 form for FY 2024-25, applicable to individuals and HUFs with business or professional income. Ke...
02 Sep, 2025, 06.21 PM IST
ITR-2 for FY2024-2025 notified by Income Tax dept: There’s good news for Rs 50 lakh to Rs 1 crore income-earners, know other changes and moreThe CBDT has notified the ITR-2 form for FY2024-25, effective from April 1, 2025, which will be applicable to the majority of taxpayers, es...
06 May, 2025, 10.00 PM IST
CBDT notifies new ITR form 5 for 2025-26 with key updatesOne of the most notable revisions in ITR Form 5 is the introduction of a split within the Schedule-Capital Gain.
03 May, 2025, 01.36 PM IST
Hike basic exemption limit to Rs 5 lakh, cut income tax rates, further reduce number of TDS rates in Budget 2025: EYIncome tax slab expectations: EY has released a press release urging the government to announce certain measures in Budget 2025 to boost co...
09 Jan, 2025, 11.03 AM IST
15 income tax rule changes in 2024 that will impact your ITR filing in 2025ITR filing: Most of the income tax changes announced in July 2024 will affect tax deductions and exemptions that can be claimed while filin...
26 Dec, 2024, 01.59 PM IST
Revised TDS rates from October 1: Here are the new tax deducted at source rates on various transactionsRevised TDS rates from October 1: The Finance Bill has ratified several important proposals from the Union Budget 2024, including revised T...
04 Oct, 2024, 01.38 PM IST
Revised TDS rates, STT, Aadhaar card rules: 6 income tax Budget 2024 changes applicable from October 1, 2024Budget 2024 tax changes: The 2024 Union Budget introduced some modifications regarding the Aadhaar card, STT, TDS rate, and the Direct Tax ...
27 Sep, 2024, 01.22 PM IST
New share buyback rules from October 1, 2024: A higher tax for many, but these people will gainNew equity buyback rules: Budget 2024 amended the income tax laws on how share buybacks are taxed. The new laws announced in July will be e...
13 Aug, 2024, 05.57 PM IST
New tax slab rates, capital gains taxation, standard deduction NPS: Effective dates of all Budget 2024 income tax changesIncome tax changes in Budget 2024: Based on the information provided in the budget memorandum, here are the effective dates of different in...
02 Aug, 2024, 03.39 PM IST
13 ways the FM can simplify matters for income tax payers in interim Budget 2024: CIIThe Interim Budget 2024, will be presented by the finance minister, Nirmala Sitharaman, on February 1, 2024. A few key steps as suggested b...
29 Jan, 2024, 11.37 AM IST
Tax queries answered by Dilip Lakhani, Senior Chartered AccountantEvery week, an expert selected by ET answers queries from our readers on income tax and other levies. This week, the queries include those ...
01 Mar, 2017, 01.05 PM IST