India Eyes GST-Style Income Tax Simplification Ahead of Budget 2026; Taxpayer Relief in Focus - Whalesbook

Personal Income Tax Simplification Under Consideration The upcoming Budget 2026 is a focal point for discussions regarding a significant overhaul of India's personal income tax system. The core idea gaining traction is to simplify the tax structure by reducing and broadening the existing income tax slabs, drawing inspiration from the successful streamlining of the Goods and Services Tax (GST) over…