Income Tax Articles

Senior Citizen Saving Scheme: Benefits and Rules For 2026

Poojitha Raam Vinay 23 March 2026 at 15:34

Senior Citizen Savings Scheme 2026 explained - Check latest interest rate, tax benefits, eligibility, age and investment limits, maturity period, premature closure rules, nomination, and comparison with other savings options.

New PAN Rules Starting From April 2026: Stricter Verification, Updated Forms with Fees and Limits of Financial Activities

Mitali 23 March 2026 at 13:59

Big changes in PAN rules starting from April 2026 - stricter verification, updated forms, annual transaction tracking and key changes explained simply.

TDS Demand Still Showing Due to Inoperative PAN? What to Do If No CBDT Relief Applies

CA Varun Gupta 23 March 2026 at 09:40

Understand how inoperative PAN due to non-linking with Aadhaar can trigger higher TDS/TCS demands under Sections 206AA/206CC. This detailed guide explains the complete CBDT framework, key circulars, relief conditions, and practical remedies including correction, rectification, grievance and appeal options for affected taxpayers.

Deductions Allowed to Salaried Individuals under New Tax Regime For FY 2026-27

Chaitra Seetharam 21 March 2026 at 16:55

Union Budget 2026 keeps the New Tax Regime unchanged for FY 2026-27. Check allowed deductions like Rs 75,000 standard deduction, employer NPS benefits, Section 87A rebate, tax-free threshold up to Rs 12.75 lakh and updated income tax slabs.

Still Paying 30% Tax on Cryptocurrency Trading Without Claiming Loss Benefit? Read This Before Filing Your ITR

CA Varun Gupta 21 March 2026 at 10:28

Are crypto futures and options taxed under Section 115BBH or as speculative business? Understand the tax treatment, key distinctions between VDA transfer and cash-settled contracts, applicable rates, loss rules and ITR reporting implications.

March-End Important To Do List: Save Tax and Skip Notices!

Poojitha Raam Vinay 20 March 2026 at 13:41

Don't miss the March 31, 2026 deadline, complete key tax-saving investments, submit proofs, pay advance tax, and review deductions to reduce liability and avoid penalties for FY 2025-26.

Mistake in Reporting Foreign Assets Can Cost You Rs 10 Lakh

Ayush 19 March 2026 at 13:23

Report foreign assets or income correctly in ITR and avoid costly penalties. Learn how to report and know the tax reporting rules in ITR to stay compliant.

Budget 2026 Buyback Taxation: Capital Gains Treatment for Shareholders and Additional Tax for Promoters

CA Varun Gupta 19 March 2026 at 09:11

Budget 2026 proposes a major shift in buyback taxation by moving from dividend to capital gains treatment, benefiting minority shareholders while imposing additional tax on promoters to curb arbitrage.

New Tax Regime Provisions under Income Tax Act 2025 and Budget 2026 for Individual & HUF

Pranab Banerjee 19 March 2026 at 09:11

Confused between the old and new tax regimes? This guide explains the Income-tax Act 2025 and Budget 2026 updates, including tax slabs, deductions, rebates, and key benefits, to help individuals and HUFs choose the most suitable tax regime for smarter financial planning.

New Stamp Paper Rule Brings Property Deals Under IT Radar

Indradyumm 18 March 2026 at 14:36

The Income Tax Department's new Rule 237 mandates reporting of stamp paper purchases above Rs 1 lakh, enabling early tracking of property transactions. Learn thresholds, reporting details and key compliance changes.