Income Tax Changes for FY 2025-26 (AY 2026-27)
The Union Budget 2025 introduced several key amendments under the Income Tax framework, effective from Financial Year 2025–26. These reforms are aimed at increasing tax efficiency, providing relief to taxpayers, and promoting ease of compliance. The most notable changes include revised tax slabs under the New Tax Regime, enhanced rebate limits, simplified TDS/TCS rules, and modifications to presumptive taxation schemes. […]