Nearly 24.6 lakh income tax returns are pending for processing for over 90 days, the government told Parliament, citing technology-driven…
The draft income tax rules, which have been floated for comments from different stakeholders including the public, explain how the…
While the new Income-tax Act, 2025 has already been passed, these rules are crucial because they explain how the law…
At present, taxpayers residing in Mumbai, Delhi, Kolkata and Chennai can claim HRA exemption of up to 50% of their…
The new Income-tax Act, 2025 will take effect from April 1, 2026, but income earned in FY 2025–26 will still…
Post-Budget FAQs issued by the Income Tax Department reveal some important but lesser-noticed tax changes announced in Budget 2026. These…
Budget 2026 has changed how ITR deadlines work. Filing dates will now depend on the ITR form used. While salaried…
Discover why Samir Arora says capital gains tax on equities is unique—learn what makes it different from interest income. Read…
Income Tax Slabs Expectation Budget 2026: Union Budget 2026–27 is expected to keep income tax reforms in focus as FM…
As Budget 2026 approaches, taxpayers and experts are demanding parity in interest rates on income tax refunds and unpaid tax…
Income Tax Slabs Expectation Budget 2026: Union Budget 2026–27 is expected to keep income tax reforms in focus as FM…
As Budget 2026-27 approaches, taxpayers are keenly watching whether the government will once again tweak income tax slabs under the…
Income Tax Budget 2026 Expectations Highlights: This blog tracks real-time updates on taxpayer expectations ahead of the Union Budget —…
Section 87A rebate has quietly emerged as one of the biggest tax relief tools for middle-income taxpayers under the new…
From April 1, 2026, the new Income-tax law will replace ‘Assessment Year’ with ‘Tax Year’ to simplify tax filing and…
NRI son’s tax dilemma: I am an NRI living in the UK and regularly send money to my parents in…
Many salaried employees see a sudden spike in TDS between January and March because employers recalculate taxes after verifying actual…
With Budget 2026 weeks away, speculation is growing over whether the government will scrap the old tax regime. As over…