The Economic Times

ET Wealth Online impact on Budget 2026: Buyback tax, Black Money Act, ITR penalties, NRI property sales, how taxpayers' concerns were addressed

Budget 2026 brings significant changes for taxpayers. ET Wealth Online's concerns have been addressed, impacting buyback taxation and NRI property sales. Penalties for minor ITR errors are being reduced, and the Black Money Act is being reformed. These updates aim to simplify tax processes and foster trust. The government is focusing on easing compliance for individuals and businesses.