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Mumbai, April 1: The Income Tax (I-T) Act, 2025, and its accompanying 2026 rules officially come into force on April 1, 2026, marking the start of the 2026-27 financial year. While income tax slabs remain unchanged under both the Old and New regimes, the new legislation introduces substantial revisions to corporate perquisites, tax collection rates, and investment levies. Salaried professionals, particularly those opting for the Old Tax Regime, will see a significant recalibration of tax-exempt ...Read More >
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