Union Budget 2026: Shift expected from tax relief to long-term certainty and growth in focus
A key inflection point is the transition to the Income-tax Act, 2025, which will replace the six-decade-old Income-tax Act, 1961 from April 1, 2026. With the new law already enacted, Budget 2026 is widely expected to avoid piecemeal legislative tinkering and instead signal a more principled and cohesive approach to tax policy and administration.
A key inflection point is the transition to the Income-tax Act, 2025, which will replace the six-decade-old Income-tax Act, 1961 from April 1, 2026. With the new law already enacted, Budget 2026 is widely expected to avoid piecemeal legislative tinkering and instead signal a more principled and cohesive approach to tax policy and administration.
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