Budget 2026-27: Direct Tax Reforms for Ease of Living, Small Taxpayer Relief

Last updated: 01 February 2026


The Union Budget 2026-27 has unveiled a comprehensive set of direct tax reforms aimed at rationalising penalty and prosecution provisions while improving ease of living and ease of doing business. Presented by Union Finance Minister Smt. Nirmala Sitharaman, the proposals focus on reducing litigation

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