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Explained | New income tax act to take effect from April 1—what it means for taxpayers
From April 1, the Income Tax Act, 2025, will come into force, replacing the existing six-decade-old tax law and incorporating changes announced for the 2026–27 financial year. Unveiled as part of the ...
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 ...
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