Government Revenue Collection Industry Analysis

Govt notifies Finance Act 2026 that changes tax provisions from April 1

India imposes 12% surcharge on share buyback gains from April 1, targeting wealthy investors and corporations

Impact: 6/10

ITR filing season starts: Income Tax Return forms ITR-1, ITR-2, ITR-3 and others notified

ITR filing season opens for AY 2026-27; stricter form eligibility rules tighten compliance complexity for Indian taxpayers and boost tax administration efficiency.

Impact: 6/10