Скачать или смотреть Union Budget 2026: Will Taxpayers Finally Get Faster Refunds & Simpler Rules | Nirmala Sitharaman

Union Budget 2026: Will Taxpayers Finally Get Faster Refunds & Simpler Rules | Nirmala Sitharaman

As Union Budget 2026 approaches, taxpayers across India are watching closely for long-awaited relief. From delayed income tax refunds to rising scrutiny and complex compliance rules, frustrations have continued to mount over the years. Finance Minister Nirmala Sitharaman is expected to address these concerns as the government prepares to roll out a new Income Tax Act from April 2026.

The proposed overhaul aims to simplify decades-old tax laws that have become cluttered with amendments, exemptions, and outdated provisions. While tax rates are unlikely to change, the new law promises a single tax year structure, streamlined TDS rules, and stronger digital processes to improve efficiency. The government says this reform is designed to reduce confusion and improve ease of compliance for individuals and businesses alike.

However, experts caution that rewriting the law alone may not automatically end intrusive scrutiny or refund delays. Automated risk-flagging systems have expanded tax checks, sometimes without adequate context, raising fears among honest taxpayers. With refunds still getting stuck for months, Budget 2026 is expected to signal whether real reform is coming or if challenges will persist.

Will Budget 2026 finally deliver faster refunds and simpler rules? Watch to find out.
#budget2026 #nirmalasitharaman #tax #taxrefunds #unionbudget2026

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