Income Tax Articles

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

Posted by Chaitra Seetharam 03 April 2026 2552 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 1179 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 2165 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 91174 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 2003 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 58913 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....

TDS on Salary: Old vs New Tax Regime Explained

Posted by Chaitra Seetharam 29 March 2026 24 Views

Understand TDS on salary under Section 192. Compare old and new tax regimes for FY 24-25 and learn how TDS is calculated. Choose wisely!

NITI Aayog 2026 Tax Reforms: Technical Errors vs Fraud

Posted by Affluence Advisory 27 March 2026 116 Views

Understand NITI Aayog's 2026 tax reforms: Decriminalizing technical lapses, distinguishing errors from fraud, and what it means for taxpayers.

Voucher Taxability: Key GST Updates for Gifts & More

Posted by Sahil Jaiswal 26 March 2026 27 Views

Understand key updates on voucher taxability, including GST on gifts, employee perks, and promotional vouchers. Ensure compliance with new GST Council recommendations.