Articles by Chaitra Seetharam

Changes in Income from House Property from April 2026

Chaitra Seetharam 13 February 2026 at 16:56

The Union Budget 2026 proposed targeted amendments to the rules governing Income from House Property, effective April 1, 2026, bringing the Income-tax Act, 2025..

Buy-Back Gains Now Taxed as Capital Gains

Chaitra Seetharam 12 February 2026 at 11:23

Union Budget 2026 restores capital gains taxation on share buybacks, effective April 1, 2026, abolishing the company-level buyback tax. Shareholders will now pay tax only on net capital gains based on holding period, replacing the earlier dividend-style taxation model.

Revised Return Due Date Extension

Chaitra Seetharam 07 February 2026 at 11:41

Income-tax Act proposes more time to revise returns, balancing flexibility with accountability. By extending the deadline, the law aims to improve voluntary compliance without reopening completed assessments.

Corporate Tax Rate in India For Five Assessment Years (AY 22-23 to AY 26-27)

Chaitra Seetharam 04 February 2026 at 13:13

A clear overview of India' corporate tax rates from AY 2022-23 to 2026-27, comparing old and new regimes, effective rates, key conditions, and long-term policy stability.

Tax-Free Interest on Motor Vehicles Act effect from April 2026

Chaitra Seetharam 04 February 2026 at 12:05

Union Budget 2026 grants major relief to motor accident victims by making MACT interest fully tax-free and exempt from TDS from April 1, 2026. Individuals and legal heirs will now receive complete compensation without tax deductions, simplifying compliance and eliminating refund hassles.

Holiday or Trading Day on 1st Feb 2026: Will the Stock Market Really Be Open on Sunday?

Chaitra Seetharam 29 January 2026 at 11:22

Know if the Indian stock market will be open on Sunday 1st February 2026. If open what will be the schedule for BSE & NSE trading on Sunday for Budget 2026.

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

Chaitra Seetharam 28 January 2026 at 16:35

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.

What is an EPIC Number in a Voter ID Card?

Chaitra Seetharam 21 January 2026 at 12:04

Discover what EPIC number means in Voter ID: Learn full form, location on card & how to find it online via NVSP.

No ITR Filed Before But in FY 25-26 I Made Rs 4.5L Stock Gains with Rs 2.4L Salary: How Much Tax Do I Need to Pay?

Chaitra Seetharam 19 January 2026 at 11:52

First-time ITR filers in FY 2025–26 earning ₹2.4L salary and ₹4.5L equity LTCG may pay ~₹35,000–₹42,000 tax under the new regime, after Section 87A rebate and cess.

Union Budget 2026 Date: Will It Be On Sunday Or Monday? Final Timeline with Major Events

Chaitra Seetharam 13 January 2026 at 11:21

Union Budget 2026 will be presented on Sunday, February 1, 2026, outlining India’s roadmap for inclusive growth, tax reforms, MSMEs, agriculture, and employment under the vision of Sabka Vikas toward Viksit Bharat 2047.