Income Tax Articles

From 'Separate Returns' to 'Joint Savings': Union Budget 2026 Proposal

Posted by Chaitra Seetharam 28 January 2026 857 Views

ICAI proposes an optional joint taxation regime for married couples in Budget 2026, offering higher exemptions, wider slabs, joint savings incentives, and simplified family taxation.

Cash Deposit Limit In Current Account in 2026

Posted by Mitali 27 January 2026 6361 Views

This article is about the key limits and compliance rules for current account transactions and states why business must use this account to avoid notice.Why Cur...

No More Nil TDS Deduction Certificates For Residents and NRIs

Posted by Mitali 27 January 2026 1 Views

Know how the proposed Income Tax Bill 2025 has removes the option to obtain a Nil TDS certificate for all the taxpayers.

Section 271C: AO to Replace Joint Commissioner from April 2025

Posted by Chaitra Seetharam 26 January 2026 3 Views

Section 271C of the Income Tax Act of 1961, pertains to penalties imposed for not TDS or for failing to remit the TDS to the government.

Budget 2026-27: Expected Benefits for Salaried Persons in FY 2026-27

Posted by Pranab Banerjee

26 January 2026 2574 Views

Budget 2026-27 expectations for salaried taxpayers: possible income tax slab relief, higher standard deduction, better deductions, and simpler tax compliance.