Your CA Guide📚📖

Union Budget 2026 – Direct Tax Changes Explained | Your CA Guide Union Budget 2026 – Direct Tax Changes Explained What Taxpayers, Businesses & CFOs Should Actually Do Now Author: CA. Manthan Gandhi | Your CA Guide 📚📖 Union Budget 2026 reinforces the Government’s long-term approach towards certainty, simplified compliance, and reduced litigation . Rather than headline-driven tax rate changes, this Budget focuses on structural reforms impacting capital transactions, international taxation, penalties, and dispute resolution. A major announcement is the proposed New Income Tax Act, 2026 , expected to come into force from 1 April 2026 , aimed at simplifying tax law, reducing interpretational disputes, and improving administration. 1. Personal Taxation Reforms No Change in Income Tax Slabs Personal income tax slab rates remain unchanged, ensuring predictability and continuity in individual tax planning. Sovereign Gold Bonds – Exemption Restricted ...