UNION BUDGET 2026-27

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MOHAN P

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9:55 AM (4 hours ago) 9:55 AM

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For Information .

New Income Tax Act

· New Income tax Act ,2025 to come into effect from April 2026

· The simplified Income Tax Rules and Forms will be notified shortly. The forms redesigned for easy compliance of ordinary citizens.

There may have no changes in Income Tax slabs.

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Government to setup a “High Level Committee on Banking for Viksit Bharat”, to comprehensively review the sector and align it with India’s next phase of growth, while safeguarding financial stability, inclusion and consumer protection.