FM Nirmala Sitharaman's Union Budget 2026 cuts TCS rates from 5% to 2% on liquor, scrap, minerals, tendu leaves ...

One of the biggest consumer wins is the sharp cut in TCS on overseas tour packages, now a flat 2 percent with no threshold, compared with the earlier 5 percent and 20 percent slabs.

New proposals in the Union Budget 2026-27 aim to simplify tax compliance and reduce costs for taxpayers, particularly on ...

Check out 5 big announcements on direct tax by FM Nirmala Sitharaman as she presented her 9th consecutive Budget.

One of the most important announcements is related to the Income Tax Return (ITR) deadline. The due date for filing ITR-1 and ...

New Delhi, Feb 1 (PTI) Unveiling taxpayer-friendly measures, Finance Minister Nirmala Sitharaman on Sunday reduced TCS rates on overseas medical and education expenses, and tour packages, besides allo ...

The government also proposed reduction in TCS rate for pursuing education and medical education under liberalised remittance ...