Tag Archives: Standard Deduction 2026

Mumbai. 30 March, 2026 The New Income Tax Act 2026 (officially the Income-tax Act, 2025) marks a historic shift in India’s fiscal landscape. Effective April 1, 2026, the new law replaces the 65-year-old 1961 Act, prioritizing digital-first compliance and a simplified structure for the common taxpayer.   1. Major Relief: …

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