New Delhi, Jan 20 (IANS) As the government nears the presentation of the Union Budget 2026-27 on February 1, the Finance Ministry on Tuesday reflected on the significant Budget announcements and the progress made under them.The Finance Act 2025 introduced comprehensive changes to the Personal Income Tax structure under the New Tax Regime (NTR), leaving more money in taxpayers’ hands.“These changes are effective from FY 2025-26 (AY 2026-27),” Finance Ministry said in a post on X.The Income …
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