Day: February 5, 2026

Clipped from: https://www.financialexpress.com/business/news/in-our-push-to-manufacturing-led-growth-small-and-medium-units-wont-be-left-behind-fm/4131602/ Budget is realistic, agnostic to India-US trade deal, says Nirmala Sitharaman ‘In our push to manufacturing-led growth, small and medium units won’t be

Clipped from: https://www.financialexpress.com/money/86-taxpayers-shifted-to-new-regime-qampa-with-cbdt-chairman-ravi-agrawal-4131649/ The stronger FY27 projection reflects the full-year impact of last year’s rate rationalisation, including benefits under the new tax regime CBDT Chairman Ravi

Clipped from: https://www.financialexpress.com/business/news/reforms-to-continue-beyond-budget-fm-nirmala-sitharaman/4131461/?ref=hometop_hp Sitharaman to visit Norway and Canada soon for outreach. Reforms to continue beyond Budget: FM Nirmala Sitharaman. (Image: PTI) The Budget 2026-27 would

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/budget-2026-changes-tds-tcs-rates-across-sectors-who-pays-more-who-gets-relief-514287-2026-02-02 The Union Budget 2026–27 has proposed a calibrated reset of TDS and TCS rates across key sectors. While levies on alcohol, scrap and

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/tcs-revision-tax-tweaks-in-union-budget-2026-and-how-would-that-affect-salaried-taxpayers-514464-2026-02-03 From retaining effective tax relief for middle-income earners to extending timelines for revised returns, rationalising Tax Collected at Source (TCS), and granting relief

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/budget-2026-tax-rules-kicking-in-from-april-1-under-new-compliance-framework-what-taxpayers-should-note-514572-2026-02-04 Tax experts say the new rules will significantly influence how taxpayers file returns, disclose income, manage penalties and prosecutions, comply with TDS provisions

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/budget-2026-fine-tunes-gst-and-customs-rules-to-back-exports-manufacturing-key-details-here-514587-2026-02-04 While focus stayed on direct taxes, experts said the customs and excise proposals signal a push to ease trade, boost certainty and align

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/taxpayers-to-get-simplified-income-tax-regime-from-april-1-as-budget-proposals-new-i-t-act-come-into-play-514641-2026-02-04 CBDT Chairman says 88% ITR filers moved to new income tax regime in AY 2025-26, expect more to join  In Assessment Year (AY)

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/cbdt-to-roll-out-new-i-t-forms-rules-and-faqs-clarity-on-what-might-remain-changed-from-april-1-514653-2026-02-04 The government has clarified that income earned in FY 2025–26 will continue to be governed by the existing Income-tax Act, 1961, even though