The Income Tax Department has issued a clarification on how “buyback tax” has changed with Union Budget 2026, to the benefit of small shareholders. Image for representational purposes only. (Pixabay) Finance Minister Nirmala Sitharaman, in her budget speech today, proposed to shift back buyback tax to a capital gains framework from dividend treatment in effect […]
Updated on: Feb 01, 2026 9:51:22 AM IST India Budget 2026 Reactions Live: Finance Minister Nirmala Sitharaman will present the Union Budget 2026 in the Parliament today at around 11 am. India Budget 2026 reactions LIVE updates: As Finance Minister Nirmala Sitharaman is all set to present the Union Budget 2026 in Parliament, her ninth […]
NEW DELHI: Gross direct tax collections in the current financial year up to January 11 have seen a 4.14% annualised growth to about ₹21.5 lakh crore, driven by higher corporate tax revenues, according to the government data released on Monday. Net proceeds included net corporate tax revenues of over ₹8.63 lakh crore and tax from non-corporates came […]
In terms of economy, 2025 will be remembered as a year where domestic policy acted as a bulwark against external headwinds to growth. Inflation started falling rapidly after the first quarter of the year and reached its lowest ever value in the current series. (File Photo) The process started from the 2025-26 Union Budget itself […]
Taxpayers across India have a few hours left to link their Permanent Account Number (PAN) with their Aadhaar card. The final deadline for completing the PAN–Aadhaar linking process is December 31. The Income Tax Department had earlier issued several reminders, warning that missing the deadline can lead to serious restrictions. PAN-Aadhaar linking deadline on December […]