
Capital gains tax in India is levied on profits from the sale of capital assets, such as property, shares, or mutual fund investments

Finance minister Nirmala Sitharaman proposed to implement the New Tax Act, 2025 from April 1, 2026, which marks a structural shift from the long-standing Income Tax Act, 1961, with the objective of simplifying tax law and improving clarity for taxpayers.

Standard deduction remains same for Salaried taxpayers and pensioners

The real test will be what follows the window. If enforcement becomes sharper and automated after six months, compliance behaviour will structurally change

Section 80C is among the most widely used tax-saving provisions, covering contributions and payments such as PF deposits, life insurance premiums, ELSS, PPF, NSC children’s tuition fees and principal repayment on home loans

For taxpayers without significant deductions, the new regime remains the simpler choice, even without any recent changes this year.

Budget 2026: FM Nirmala Sitharama announced that the new Income Tax Act, notified in July 2025, will take effect from April 1, 2026

FM proposes retaining July 31 deadline for ITR-1 and ITR-2, extends timelines for revisions and non-audit cases.

As Budget 2026 nears, the middle class seeks tax relief, simpler compliance, and policies that encourage savings.

Any relief in Securities Transactions Tax (STT) would be a welcome step for retail investors and a positive move towards making markets more accessible

If you stay outside India for more than 182 days, you can't use ITR Form 1. It is not a question of being a resident or a non-resident

With Section 80C limits frozen and inflation rising, tax professionals want Budget 2026 to separate retirement savings from short-term tax planning

A beginner-friendly explanation of stock investing, how equities work, and their role in long-term wealth creation.

Budget 2026 must fix tax distortions that push household investors into unintended risk across debt, equity, hybrids and pensions.

With medical inflation racing ahead of incomes and tax relief, India’s middle class is slipping into underinsurance. Budget 2026 must fix the gap

The holding period to determine whether the asset has become a long-term or not is counted from the date on which the property was acquired by the last owner

Beyond rate cuts, Budget 2026 expectations centre on administrative ease, reduced TDS burdens

Over 84% of corporate leaders do not expect any new personal income tax measures in Budget 2026

According to the Income Tax Act, the redemption of SGB by an individual investor is not treated for computing capital gains but LTCG at 12.5 percent apply on the investment made in the name of HUF

35.6% of respondents expect a stable tax regime with no changes in either the old or new tax structures

Executives said complexity in taxation diverts managerial bandwidth and raises compliance costs, often leading to litigation.

Middle-class taxpayers want targeted income tax relief, primarily under the new regime, to boost disposable income amid rising living costs

Following Supreme Court’s verdict in the Tiger Global case, budget is an opportunity for government to impart clarity on applicability of GAAR to investments made before April 2017

Gold and silver are not a single asset for tax purposes, its tax impact depends on the form, holding period, and exit timing, and a small mistake in timing can significantly increase your tax burden

The Supreme Court has held that all the daughters who were alive on September 9, 2005 are to be treated as coparceners of the HUF and are entitled to a share in the HUF property