Daily Archives: February 2, 2026

Income Tax Department FAQs on Union Budget 2026-27 Proposals

By | February 2, 2026

Income Tax Department FAQs on Union Budget 2026-27 Proposals The Income Tax Department has released a detailed set of FAQs to explain the direct tax reforms proposed in the Union Budget 2026-27. These changes focus on simplifying compliance, reducing litigation, and promoting a trust-based tax ecosystem. 1. Key Reliefs & Simplifications Motor Vehicle Accident Claims:… Read More »