Income Tax Articles

Income Tax For Senior Citizens For FY 2026-27: Updated as per New Rules 2026

Posted by Mitali 05 May 2026 271198 Views

Income Tax for senior citizens FY 2026-27 with latest sections, tax slabs, 87A rebate, 80TTB deduction, new TDS rules and filing exemptions.

Form 39 Explained: How to Claim Salary Arrears Relief Under Section 157(1) for FY 2026-27

Posted by Pranab Banerjee

05 May 2026 1276 Views

Claim tax relief on salary arrears for FY 2026-27 using new Form 39 under Section 157(1) of the Income Tax Act, 2025. Learn calculation steps, filing process and avoid notices.

Old Fights, New Rules: How the 2025 Act Protects Pending Litigations

Posted by CA Umesh Sharma 05 May 2026 710 Views

Understand how pending tax appeals, searches, and revision proceedings are handled under the new Income Tax Act, 2025. Learn why taxpayers don't need to restart litigation and how continuity under the 1961 Act is preserved for past assessment years.

Previous Year vs Assessment Year vs Tax Year 2026

Posted by Mitali 04 May 2026 1847 Views

Know the difference between Previous Year, Assessment Year and the new Tax Year 2026 in India with latest Income Tax Act 2025 updates.

What Every US Taxpayer Needs to Know Right Now: Key Developments in Individual Taxation (2026)

Posted by Dr. Anil Gupta 04 May 2026 85 Views

Stay ahead of 2026 tax changes with this practical guide, covering inflation adjustments, reduced child credits, side income reporting, retirement benefits, multi-state rules, energy credits and global compliance to help you avoid surprises and maximise savings.

Old vs New TDS Sections Mapping under Income Tax Act 2025: Complete Guide for FY 2026-27

Posted by Janmejaya Mohapatra 04 May 2026 33496 Views

Comprehensive guide to the Master Mapping Table under the Income-tax Act, 2025 effective from 1 April 2026. Explore old vs new TDS sections, nature codes, rates and thresholds for seamless compliance and audit readiness.

TDS on Partner Payments Under Section 194T: Rate, Threshold & Compliance Explained

Posted by CA. Ankit Chandrakar 02 May 2026 4656 Views

Section 194T introduces TDS @10% on payments by firms/LLPs to partners from 1 April 2025. Learn applicability, threshold Rs 20,000, compliance rules, exclusions and impact on cash flow and filings.

Post Office Fixed Deposit Scheme 2026: Safe Investment With High Returns

Posted by Mitali 01 May 2026 42913 Views

Post Office FD 2026 guide: Learn interest rates from 6.9% to 7.5% p.a., tax benefits, tenure options, eligibility and rules.

Senior Citizen Saving Scheme vs Fixed Deposits 2026

Posted by Chaitra Seetharam 01 May 2026 5681 Views

Compare SCSS vs Fixed Deposits for senior citizens in 2026: interest rates, tax benefits, liquidity, and safety. Learn which option - government-backed SCSS at 8.2% or flexible bank FDs offers better returns and suits your retirement needs.

Why Cyprus Holding Companies Are More Resilient Than Ever in 2026

Posted by Dr. Anil Gupta 01 May 2026 63 Views

Explore Cyprus' 2026 tax reforms and their impact on holding companies. Learn about the corporate tax hike to 15%, abolition of deemed dividend distribution, reduced SDC, extended loss carry-forward and continued benefits like participation exemption and tax-free dividends for non-residents plus key FDI and substance compliance insights for global investors.