Eliminate or reduce TDS, give relief on EV purchase and more; what Budget 2026 should do for individual taxpayers?

Signed by the President on 21 August 2025, the New Income Tax Act focusses on cleaning up the tax code by removing obsolete provisions, consolidating existing ones and reflecting overall the measures taken to modernize the tax architecture in alignment with global provisions as well as domestic aspirations.

from Tax-Wealth-Economic Times https://ift.tt/v0ai9pI