Income Tax Articles

Key Benefits of Income Tax to the Salaried Person in the Budget 2026

Pranab Banerjee 03 February 2026 at 08:24

Union Budget 2026 brings stability for salaried Indians with unchanged tax slabs, higher effective tax-free income, continued deductions and easier compliance.

New Rates of STT for Options & Futures Trading Starting From April 26

Poojitha Raam Vinay 02 February 2026 at 17:27

Union Budget 2026-27 hikes Securities Transaction Tax (STT) on equity Futures & Options from April 2026 to curb speculation, raise costs for traders, and reduce volatility.

Income Tax Return Filing Due Date For AY 26-27: Full Details With New Updates

Poojitha Raam Vinay 02 February 2026 at 15:38

Know the ITR filing due dates for AY 2026-27 (FY 2025-26), who must file, penalties for late filing, required documents, and benefits of timely filing. Stay compliant and avoid fines

Income Tax Amendments in Budget 2026: Topic-wise Summary of Key Proposals

CA Varun Gupta 02 February 2026 at 09:06

Topic-wise summary of key Direct Tax proposals in Union Budget 2026, covering Income-tax Act 2025, compliance simplification, TDS/TCS changes, penalties, capital markets, and global tax reforms.

Memorandum Explaining the Provisions in the Financial Bill, 2026

Mitali 01 February 2026 at 13:24

Memorandum explaining the provisions of the Finance Bill, 2026, detailing key amendments, legislative intent, and impact on taxpayers and businesses.

Income Tax Rebate Rules For FY 2025-26 (AY 2026-27)

CS Lalit Rajput 01 February 2026 at 09:36

Section 87A rebate explained for FY 2025-26: zero tax up to Rs 12 lakh under the new regime, old vs new comparison, eligibility & Budget 2026 expectations.

Director Loans Explained: Companies Act 2013 vs Income Tax Act 1961

Marimganti Tarun B.com,FCMA 31 January 2026 at 11:00

Explore the Unified Compliance Theory for director funding in private companies. Understand how harmonized documentation, banking discipline, and source verification align Companies Act and Income Tax Act obligations while minimizing regulatory risk.

How to Unfreeze a Bank Account Frozen/Attached Due to Income Tax Proceedings

CA Varun Gupta 31 January 2026 at 09:29

Bank account frozen by Income-tax Department? Learn legal grounds, Sections 226(3), 281B, 132(3), remedies, and step-by-step process to get accounts unfrozen.

From Motor Vehicles to Luxury Goods: Expansion of TCS u/s 206C(1F)

CA KAJAL AGRAWAL 31 January 2026 at 09:21

CBDT expands Section 206C(1F) to levy TCS on sale of notified luxury goods above Rs 10 lakh from 22 April 2025. Know the scope, buyers and compliance.

Taxpayer's Parade: The Weapons of the Tax Authorities

CA Umesh Sharma 29 January 2026 at 09:03

A Republic Day-themed Arjuna-Krishna dialogue explaining the powerful "weapons" of Income Tax and GST departments under the New Income Tax Act 2025 and evolving GST compliance framework.