Income Tax Articles

Income Tax Act 2025: Transitional Provisions Explained

Posted by Vivek Jalan 06 April 2026 295 Views

Understand the transition from Income Tax Act 1961 to ITA25. Key changes, deadlines, and implications for taxpayers from April 1, 2026.

Public Provident Fund Scheme 2026: Turn 1.5 Lakh a Year into 66.58 Lakh

Posted by Mitali 04 April 2026 49534 Views

Build a secure, tax-free corpus with PPF, enjoy government-backed safety, 7.1% interest, ₹1.5 lakh yearly investment benefits and long-term wealth creation up to ₹66.58 lakh with compounding.

India FDI Policy Shift: New Rules for Land Bordering Countries

Posted by Affluence Advisory 04 April 2026 227 Views

India revises FDI policy for Land Bordering Countries (LBCs) with Press Note 2 (2026). Learn about new thresholds, control tests, and faster approvals.

Major Relief in Tax on Unexplained Income: From Heavy Tax to a Balanced Approach

Posted by Chaitra Seetharam 03 April 2026 2554 Views

Finance Bill 2026 revamps taxation of unexplained income, cutting rates from 78% to ~39% while imposing stricter penalties up to 200%, promoting voluntary compliance and updated return benefits.

Section 87A Rebate & Agri Income: Resolve Tax Conflict

Posted by Marimganti Tarun B.com,FCMA 03 April 2026 1181 Views

Understand the conflict between Section 87A rebate and agricultural income. Learn how to prepare for AY 2026-27 tax filing before ITR utilities are released.

New Tax Rules 2026: 19 Key Changes from April 1st

Posted by CS Lalit Rajput 03 April 2026 2167 Views

Discover 19 key tax rule changes effective April 1, 2026, under the new Income-tax Act, 2025. Essential updates for salaried employees & investors.

Senior Citizen Aged 60 to 80 or Above Must Know These New Tax Rules: Started From April 2026

Posted by Mitali 02 April 2026 91186 Views

Turning 60? Discover updated tax benefits for senior and super senior citizens in FY 2026-27, including higher exemption limits, zero tax rebates, ITR filing relief, no advance tax and key compliance updates.

Important Things to Remember This March Ending 2026!

Posted by CA Umesh Sharma 01 April 2026 2005 Views

A practical guide for taxpayers before March 31, 2026, covering ITR-U filing, tax-saving investments, TDS/TCS compliance, GST reconciliation and year-end financial checks to ensure a smooth transition into AY 2026-27.

No TDS, No Tax on Fixed Deposit: Strategy to Make FD Income Completely Tax-Free

Posted by Hridyanshi 31 March 2026 58915 Views

From April 1, 2026, banks will deduct 10% TDS on FD interest under new Section 393 if it exceeds Rs 50,000 (non-senior) or Rs 1 lakh (senior). Learn thresholds, examples and how to avoid TDS legally.

India's Share Buyback Tax Rules: Promoter Surcharge Clarified

Posted by CS Lalit Rajput 30 March 2026 248 Views

Understand India's new share buyback tax rules effective April 1, 2026. Learn about the 12% promoter surcharge and capital gains treatment for all shareholders....