Income Tax Articles

Bank Transaction Limits in India For FY 2026-27: With BSBDA and PPF Update!

Mitali 09 January 2026 at 17:39

Bank Transaction Limits India 2026: Savings Cash Rule, Current, BSBDA Zero Balance, UPI/IMPS/RTGS Caps. Avoid SFT Notices and Penalty.

New Gold Limits at Home as per IT Act 2025: Inheritance beyond Then be Ready Raid is Coming!

Mitali 09 January 2026 at 13:17

How much gold can you legally keep at home? Know CBDT Instruction 1916 safe limits for gold holdings, rules during income-tax raids, disclosure in ITR, and penalties on unexplained gold under Sections 69/69A.

Strategies to Earn Rs 5550 per month from Post Office MIS

Mitali 07 January 2026 at 09:08

Post Office Monthly Income Scheme (MIS) explained: 5-year tenure, 7.40% monthly interest, investment limits, family strategy, joint accounts, RD reinvestment tips, premature closure rules and tax treatment.

Cigarettes to Get Costlier from 1st February: Govt Imposes Additional Excise Duty and Health Cess

LegalDev 06 January 2026 at 10:28

From February 1, 2026, cigarettes and tobacco products will attract additional excise duty and health cess, ending a 7-year tax freeze under GST.

Income Tax 2025: Top Changes That Made Headlines

Poojitha Raam Vinay 05 January 2026 at 15:18

Income Tax Reforms 2025 bring revised slabs, zero tax up to Rs 12 lakh, higher standard deduction, simplified TDS/TCS rules, and a proposed New Income Tax Act to modernise India's tax system.

Fixed Deposit Over Threshold Limits: Get Ready for Notice in 2026

Mitali 05 January 2026 at 13:52

Income Tax notices on Fixed Deposits in 2026: Know TDS rules, reporting limits per bank and how to avoid scrutiny with proper ITR filing and Form.

Rs 9.20 Crore Contract in IPL: What Mustafizur Lost After KKR Exit?

Chaitra Seetharam 05 January 2026 at 12:04

Mustafizur Rahman’s IPL salary: What he would have earned if not released by Kolkata Knight Riders.

Beyond Labels: Professional Vs Technical Services Under Section 194J

Raj Jaggi 05 January 2026 at 09:48

Section 194J explained through legislative intent and landmark rulings - learn how to distinguish professional services from technical services using the human intellect test, avoid TDS misclassification, and ensure accurate compliance in a technology-driven economy.

Savings Account Transaction Limit 2026: UPI or Cash, Maximum Balance, Notice Timeline

Mitali 03 January 2026 at 13:09

Savings account rules 2026 decoded! Multiple banks? Per-bank limits apply. Notices with cash deposit limits, withdrawal rules.

Statutory Tax Compliance Tracker - January 2026

CS Lalit Rajput 03 January 2026 at 10:27

Comprehensive compliance calendar for January 2026 covering key due dates under the Income-tax Act, 1961 and GST laws, including TDS/TCS returns, GST returns (GSTR-3B, GSTR-1, QRMP), PAN-Aadhaar linking alerts, and other critical statutory deadlines for taxpayers and professionals.