Taxmann’s The Budget [Income-tax | GST | Customs] | 2026-27.

The Gold Standard of Accuracy: The Authentic Text of Finance Bill, 2026.

For over six decades, Taxmann’s The Budget has been the “Bible” for the tax profession immediately following the Finance Minister’s speech. Unlike commentary books that offer opinions, this book offers certainty. It provides the verbatim, error-free text of the government documents, printed within hours of the Parliament session.

When you are filing a return or arguing a case in the future, you cannot cite an “analysis”; you must cite the Law. This book gives you that Law, exactly as presented in the Parliament, with the legendary accuracy that Taxmann is famous for.

Detailed Inclusions & Key Features

• 1. The Finance Bill, 2026 (Original Text):

  • Get the exact legal wording of every proposed amendment to the Income Tax Act, 1961, CGST Act, 2017, and Customs Tariff Act, 1975.

  • Taxmann ensures that every comma and full stop matches the official bill, preventing any misinterpretation of the statute.

• 2. Memorandum Explaining the Provisions:

  • Why was this section changed? The Memorandum is the government’s official explanation of the Legislative Intent.

  • Essential for understanding the logic behind new levies, cess changes, or rationalization measures.

• 3. Notes on Clauses:

  • This is the technical breakdown of the Bill. It explains exactly how a specific clause amends the existing Act.

  • Crucial for Courts: Lawyers and Judges rely on “Notes on Clauses” to interpret ambiguous provisions during litigation.

• 4. Budget Speech (Full Transcript):

  • Read the Hon’ble Finance Minister’s complete speech to understand the government’s policy roadmap for Viksit Bharat (2047) and the macro-economic context of the tax changes.

• 5. Immediate Budget Notifications:

  • Includes the text of valid Notifications issued by the CBDT and CBIC on February 1, 2026, which often bring immediate effect to Customs and Excise duty changes.

Who Needs This Book & Why?

• Chartered Accountants (CAs): This is your primary “Desk Reference” for the year. You need it to verify the exact text of the law before signing any audit report or tax filing.

• Legal Practitioners: When drafting appeals or legal opinions, accuracy is non-negotiable. This book ensures you are quoting the correct section numbers and statutory language.

• Corporate Tax Heads: To assess the immediate impact of the Budget on your company’s bottom line, specifically regarding TDS rates and GST input tax credits.

• Judicial Officers: Used as a reference to understand the source and intent of the amendments brought by the Finance Act.

Details