Income Tax Act 2025: Major Changes Effective April 1! Simplified Forms & TCS Relief | Budget N18S

#BudgetWithNews18 | Income Tax Act 2025 will come into effect from 1st April, 2026


- Simplified IT rules and forms will be notified shortly
- Forms are redesigned so ordinary citizens can comply without difficulty
- TCS rate on sale of overseas tour program package to be reduced from current 5% and 20% to 2% without any stipulation of amount


#BudgetWithNews18 #Budget2026 #UnionBudget #IndianEconomy #ViksitBharat #Budget2026 #UnionBudget #NirmalaSitharaman #IncomeTax #ViksitBharat

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