Budget 2026 income tax penalties decoded: 200% fine, immunity options and key changes - Budget 2026 tax penalties decoded: Major changes you must know
- Posted on February 4, 2026
- By Business News Today
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Budget 2026 income tax penalties decoded: 200% fine, immunity options and key changes - Budget 2026 tax penalties decoded: Major changes you must know
Budget 2026 rewrites India's income tax penalty rules with a clearer framework. These reforms aim to foster trust, reduce court battles, and promote voluntary compliance while maintaining strong deterrents against tax evasion. Budget 2026 tax penalties decoded: Major changes you must know