https://www.taxtmi.com/news?id=69366 The Finance Bill, 2026 gives effect to the Central Government's financial proposals for 2026-27 and proposes wide-ranging amendments across direct taxes, indirect taxes and related procedural provisions. It revises rates, surcharge structures, definitions, timelines, penalty and immunity rules, and also introduces a new Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 for voluntary declaration of undisclosed foreign income or assets, with specified payment, immunity and exclusion provisions. The Bill further amends customs, GST, IGST, securities transaction tax and black money provisions, together with accompanying rule-making powers. en-us Sun, 01 Feb 2026 10:23:12 +0530 Tue, 09 Jun 2026 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69366 The Finance Bill, 2026 gives effect to the Central Government's financial proposals for 2026-27 and proposes wide-ranging amendments across direct taxes, indirect taxes and related procedural provisions. It revises rates, surcharge structures, definitions, timelines, penalty and immunity rules, and also introduces a new Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 for voluntary declaration of undisclosed foreign income or assets, with specified payment, immunity and exclusion provisions. The Bill further amends customs, GST, IGST, securities transaction tax and black money provisions, together with accompanying rule-making powers. News - Sun, 01 Feb 2026 10:23:12 +0530 https://www.taxtmi.com/news?id=69366