Income Tax Articles
Calibrated Capital: Decoding India's FDI Policy Shift
India’s Press Note 2 (2026) revamps FDI rules for land-bordering countries, introducing a 10% beneficial ownership threshold, easing restrictions and enabling faster approvals while safeguarding national security.
Major Relief in Tax on Unexplained Income: From Heavy Tax to a Balanced Approach
Finance Bill 2026 revamps taxation of unexplained income, cutting rates from 78% to ~39% while imposing stricter penalties up to 200%, promoting voluntary compliance and updated return benefits.
Section 87A Rebate and Agricultural Income: Resolving the Statutory Conflict Before the Utilities Do It for Us
Does Section 87A rebate apply when agricultural income is involved? Explore the AY 2026-27 ambiguity on rebate eligibility under the new tax regime, partial integration rules and what taxpayers and professionals should do before ITR utilities are released.
New Tax Rules From 1st April - 19 Key Changes
Income-tax Act 2025 replaces the 1961 law from April 1, 2026. Explore 19 key changes impacting salaried individuals, investors, HRA rules, capital gains, STT and compliance updates.
Senior Citizen Aged 60 to 80 or Above Must Know These New Tax Rules: Started From April 2026
Turning 60? Discover updated tax benefits for senior and super senior citizens in FY 2026-27, including higher exemption limits, zero tax rebates, ITR filing relief, no advance tax and key compliance updates.
Important Things to Remember This March Ending 2026!
A practical guide for taxpayers before March 31, 2026, covering ITR-U filing, tax-saving investments, TDS/TCS compliance, GST reconciliation and year-end financial checks to ensure a smooth transition into AY 2026-27.
No TDS, No Tax on Fixed Deposit: Strategy to Make FD Income Completely Tax-Free
From April 1, 2026, banks will deduct 10% TDS on FD interest under new Section 393 if it exceeds Rs 50,000 (non-senior) or Rs 1 lakh (senior). Learn thresholds, examples and how to avoid TDS legally.
Tax Guidance On Share Buybacks
India revises share buyback taxation from April 1, 2026, shifting to capital gains and imposing a 12% surcharge only on promoters, ensuring fair tax treatment for minority shareholders.
TDS on Salary u/s 192: Old vs New Tax Regime
TDS on salary for the AY 25-26 - Want to know how it works? Check out our article on Section 192 for a quick guide!
Decriminalising Tax Lapses: Technical Errors vs Frauds What NITI Aayog's 2026 Reforms Mean for You
Explore how the Income-tax Act, 2025 transforms India's tax system from fear-driven enforcement to trust-based governance. Learn about decriminalisation of minor offences, Rs 1 crore prosecution thresholds, relief for technical errors, and how the 2026 reforms protect honest taxpayers while targeting fraud.
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