Articles by Pranab Banerjee

Form 16 vs Form 130: Key Differences Every Employer and Employee Should Know

30 May 2026 126 Views

Form 16 is replaced by Form 130 from FY 2026-27 under the new Income Tax Act, 2025. Know key differences, issue dates, TRACES rules and what employers must do for FY 2025-26 compliance.

Form 39 Explained: How to Claim Salary Arrears Relief Under Section 157(1) for FY 2026-27

Posted by Pranab Banerjee

05 May 2026 1250 Views

Claim tax relief on salary arrears for FY 2026-27 using new Form 39 under Section 157(1) of the Income Tax Act, 2025. Learn calculation steps, filing process and avoid notices.

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

Posted by Pranab Banerjee

19 March 2026 561 Views

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.

The New Income Tax Act 2025: Changed and Unchanged

Posted by Pranab Banerjee

19 February 2026 993 Views

Explore the New Income Tax Act 2025 effective from 1st April 2026 - Key changes, Budget 2026 highlights, Tax Year concept, digital asset rules, compliance benefits and impact on individuals and businesses.

Key Benefits of Income Tax to the Salaried Person in the Budget 2026

Posted by Pranab Banerjee

03 February 2026 384 Views

Union Budget 2026 brings stability for salaried Indians with unchanged tax slabs, higher effective tax-free income, continued deductions and easier compliance.

Budget 2026-27: Expected Benefits for Salaried Persons in FY 2026-27

Posted by Pranab Banerjee

26 January 2026 2565 Views

Budget 2026-27 expectations for salaried taxpayers: possible income tax slab relief, higher standard deduction, better deductions, and simpler tax compliance.

Income Tax Act 2025: Shift from Assessment Year to Tax Year & What It Means for Taxpayers

Posted by Pranab Banerjee

02 January 2026 7921 Views

The Income Tax Act 2025 replaces the confusing Assessment Year system with a simpler Tax Year concept, aligning income and tax filing in the same year to make compliance clearer, faster and taxpayer-friendly.

A Complete Guide to Form 16: Everything You Need to Know

Posted by Pranab Banerjee

31 December 2025 268 Views

Understand Form 16 with this complete guide for salaried employees. Learn its meaning, parts, deductions, exemptions, and how to use it for ITR filing.

New NPS Reforms: Why the National Pension System Is Now More Investor-Friendly

Posted by Pranab Banerjee

26 December 2025 392 Views

NPS now works more like a friendly savings partner than a rigid rulebook. Let's understand how these changes make NPS easier and more attractive for the general public.

Revised NPS Rules: 10 Key Changes You Must Know About NPS Accumulation, Growth and Withdrawals

Posted by Pranab Banerjee

20 December 2025 467 Views

Revised NPS Rules explained in simple terms. Know changes in contribution limits, equity exposure, tax benefits, withdrawals and retirement planning impact.