Union Budget Articles

Tax-Free Interest on Motor Vehicles Act effect from April 2026

Chaitra Seetharam 04 February 2026 at 12:05

Union Budget 2026 grants major relief to motor accident victims by making MACT interest fully tax-free and exempt from TDS from April 1, 2026. Individuals and legal heirs will now receive complete compensation without tax deductions, simplifying compliance and eliminating refund hassles.

The Black Money Act Recalibrated: Decoding The Proposed Amendments Under The Finance Bill, 2026

Raj Jaggi 04 February 2026 at 09:11

A deep dive into the Black Money Act as a distinct penal statute, with insights into disclosure obligations, prosecution provisions and Finance Bill 2026 amendments.

Finance Bill, 2026 And The Customs Act, 1962: What Changes, Why It Matters

Raj Jaggi 04 February 2026 at 09:04

Finance Bill 2026 proposes targeted amendments to the Customs Act, 1962, covering offshore fishing jurisdiction, advance rulings, penalties, warehousing and courier regulations.

Union Budget 2026-27: An Overview of Direct and Indirect Tax Proposals

CA Aditya 04 February 2026 at 08:27

Union Budget 2026–27 focuses on simplifying tax laws, easing compliance, and resolving disputes, with key direct and indirect tax changes effective from AY 2026-27.

Union Budget 2026: Customs & Trade Facilitation Amendments - Topic-wise Summary with Key Changes (Before vs After)

CA Varun Gupta 04 February 2026 at 08:26

Union Budget 2026 GST & IGST amendments explained with section-wise analysis, before–after comparison, effective dates, and practical impact on taxpayers and professionals.

Union Budget 2026: Industry Gets Highways, Agriculture Gets Footpaths - Is Development Losing Balance?

Sagar 04 February 2026 at 08:26

Union Budget 2026-27 prioritises infrastructure and industry with higher capex, while agriculture faces low investment, no legal MSP guarantee, rising costs, and climate risks.

ICAI, ICSI & ICMAI to Launch Short-Term Courses to Develop 'Corporate Mitras' in Tier-II & III Towns

Suhasini 02 February 2026 at 11:47

Discover how ICAI, ICSI, and ICMAI are supporting India's SMEs and micro enterprises through Corporate Mitras, short-term courses and the Rs 10,000 crore SME Growth Fund. Empowering Tier-II & Tier-III businesses with compliance solutions and access to capital.

Finance Bill 2026: STT on Futures and Options Set to Increase from 1st April 2026

Shree 02 February 2026 at 11:30

The Finance Bill 2026 proposes an increase in Securities Transaction Tax (STT) on futures and options, effective April 1, 2026, aiming to curb excessive speculation and strengthen market transparency.

The Ledger and the Law: Reading the Tax Story of Finance Bill 2026

CA Rohit Sonar 02 February 2026 at 06:56

The Finance Bill 2026 prioritizes stability and governance over tax relief. While rates and exemptions largely remain unchanged, reforms in compliance, filing timelines, and targeted deductions signal a shift from discretion to systems, simplifying the tax experience for Indian taxpayers.

Highlights Of Union Budget 2026-27

Mitali 01 February 2026 at 14:29

Union Budget 2026-27 Part A highlights key priorities, budget estimates, fiscal targets and the three Kartavyas guiding India’s growth, inclusion and resilience.