Presenting the Union Budget 2026–27 in the Lok Sabha, FM Sitharaman said all direct tax changes proposed in the Budget would ...

As Finance Minister Nirmala Sitharaman prepares the Union Budget 2026-27, tax data reveals a significant shift. Direct tax ...

India's direct tax strategy is shifting towards broader participation and better compliance, not rate hikes, according to the ...

Union Budget 2026 reshapes India’s direct tax system by reducing discretion, simplifying compliance and prioritising correction over punishment ...

Explains how the new tax code replaces the 1961 Act with simpler rules and fewer exemptions. The key takeaway is a clearer, taxpayer-centric framework effective from April ...

As Budget 2026 approaches, targeted reforms can significantly reinforce India’s commitment for a stable and business-friendly tax regime.

India's government has finalized key direct tax reforms to boost investment and simplify compliance. Measures include ...

Taken together, the direct tax proposals in Budget 2026 reflect a reform-oriented rather than relief-oriented approach. The government has chosen to consolidate last year's gains, prioritise a smooth ...

India’s gross direct tax collection fell to ₹7,98,822 crore in the current financial year up to August 11, from ₹8,14,048 crore in the same period last financial year, registering a contraction of ...

Direct Tax Collection: Net mop-up at Rs 18.38 lakh crore, up 8.8 per cent YoY; gross collections at Rs 21.5 lakh cr. Refunds down 16.9 per cent so far this fiscal ...

India’s FY26 gross tax collections may fall short of Budget estimates by Rs 3 lakh crore due to weak direct and indirect tax growth, says CareEdge.