BT Explainer: Income-Tax Rules AY 2026-27 decoded - Key PAN limits, deductions, TDS rules, penalties you should note

The Income-Tax framework for AY 2026-27 includes important rules on PAN-linked transactions, tax deductions, TDS thresholds and penalties that taxpayers should track carefully. From standard deduction changes to high-value transaction reporting, the updated limits could directly impact salaried individuals, senior citizens, businesses and investors.

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