Articles by CA Umesh Sharma
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Tick-Tock! The 31st July ITR Alarm is Ringing: Is the Taxpayer Ready?
ITR filing due date 31 July 2026: Learn the penalties, interest, refund delays, and loss of tax benefits that salaried taxpayers may face for missing the ITR deadline.
Your Foreign Income is No Longer a Secret - It's in Your AIS Now!
CBDT's new AIS update will display foreign bank accounts, shares, dividends and overseas income data. Learn its impact on ITR filing, Schedule FA and FTC claims.
Two Employers, One Tax! Managing Your Salary Taxation during a Job Switch!
Received salary from two employers in the same financial year? Learn Form 12B rules, TDS implications, ITR filing precautions, tax regime considerations, and how to avoid tax shortfalls and interest liabilities.
Salaried? Know Your Deductions, Rebates & the Zero-Tax Income Limit!
Learn how salaried taxpayers can achieve zero tax liability, claim standard deduction, Section 87A rebate, marginal relief, and choose between old vs new tax regime.
What every Salaried person must know before 31st July!
ITR filing for salaried taxpayers in AY 2026-27? Know the latest changes in ITR-1 and ITR-2, new reporting requirements, tax regime rules and key points to remember before filing your return by 31st July 2026.
Advance Tax June 2026: New Act Checks Before Payment
Prepare for the June 15, 2026, advance tax instalment under the Income Tax Act 2025. Learn key checks and common errors to avoid.
Received a Family Gift? Check the New 'Relative' Definition Under Income Tax Act 2025
Understand how the Income Tax Act, 2025 redefines "relative" for gift taxation. Learn which family gifts remain tax-free, the inclusion of maternal relatives, HUF provisions, and why gifts from cousins, nephews and nieces may still attract tax.
New E-Way Bill changes that every taxpayer must be aware!
GSTN introduces major E-Way Bill changes from May 2026, including mandatory Ship To GSTIN details and a voluntary E-Way Bill Closure Facility. Learn the new compliance requirements, benefits and impact on businesses under GST.
Financial Planning Amidst War Crisis: Expert Advice
Navigate war crisis financial challenges. Learn strategies for inflation, business funding (ECLGS 5.0), tax compliance, and maintaining emergency reserves.
Travel Tax Rules: LTA, TCS & More Explained
Understand travel tax rules for vacations. Learn about LTA exemptions, new TCS rates for international travel, and company-sponsored trip taxes.
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