Proposed 2026 Income Tax Rules could significantly benefit salaried individuals under the old tax regime. Key changes include expanded HRA exemptions for cities like Bengaluru and Hyderabad, ...
New tax regime is attractive as marginal relief under which the final tax payable shall not exceed the amount by which total ...
Several income tax changes will take effect from April 1, 2026, including new ITR filing deadlines, higher STT rates, an ...
Section 80D is worth understanding properly because the benefit depends not only on buying cover, but also on choosing the ...
An endowment plan is a life insurance product with a savings component built into it. You commit to paying a fixed premium ...
With the financial year drawing to a close, several changes in income-tax rules take effect from April 1, making it important ...
Income Tax Act 2025 to Take Effect from April 1, 2026: Major Changes for Taxpayers India’s direct taxation system is set to ...
In India, there are many options under the tax laws that offer deductions and exemptions to reduce taxable income, such as ...
Income from transfer of cryptocurrencies, NFTs, and other virtual digital assets is taxed at a flat 30% rate under Indian tax law. The framework also restricts deductions and disallows set-off of ...
New Delhi: Several important changes in India’s tax system will come into effect from April 1, 2026. The new Income-tax Act, 2025 will replace the Income-tax Act, 1961, which has been in place for ...