Budget 2026: Landowners Celebrate Tax-Free Compensation!

Finance

Business Standard
EnglishEnglish

Budget 2026: Landowners Celebrate Tax-Free Compensation!

Landowners, rejoice! The Budget 2026 says if the government takes your land for development, you get to pocket your compensation without paying income tax! This change, effective from April 1, 2026, clears up confusion and gives a big thumbs-up to urban landowners. Experts are cheering, saying this is a game-changer for everyone involved!

| Amit Kumar