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FY27 Budget Unlikely to Change Income Tax Law, New Rules to Shape Tax Regime

Last updated: 17 January 2026


The Union Budget for FY27 is unlikely to bring sweeping amendments to the income tax law. Instead, the most consequential changes for taxpayers are expected to emerge through a new set ofincome tax rules that will govern the practical operation of the Income Tax Act, 2025, according to two people fa
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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