Union Budget 2026 New Income Tax Act: What Changes from April 1 for Taxpayers
Union Budget 2026 New Income Tax Act has become the biggest point of discussion among taxpayers as the new law is set to come into effect from April 1. Days after the Budget announcement, individuals and businesses are still trying to understand how the revised tax framework will impact their income, deductions, and compliance requirements. From an Indian finance expert’s perspective, the Union Budget 2026 New Income Tax Act represents a structural shift rather than a cosmetic change. The government’s intent is to simplify tax laws, reduce litigation, and make…
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