Tax

Budget 2026 makes foreign travel easier on the wallet with sharp TCS cut

Budget 2026 brings relief for overseas travellers by cutting TCS on foreign tour packages to a flat 2%, easing upfront cash-flow pressure for households planning international trips.

No more multiple Form 15G, 15H filings? Budget 2026 proposes centralised route

FM proposes allowing depositories to accept Form 15G, 15H, reducing repeated filings for share investors.

How Budget 2026 affects your income tax: Check slab-wise impact at Rs 13 lakh, 15 lakh, 25 lakh, 35 lakh, 65 lakh and Rs 1.5 crore

Budget 2026 updates income tax slabs and deductions—see how old, new, and proposed regimes affect your taxes.

Stock market basics: What equities are and why they matter

A beginner-friendly explanation of stock investing, how equities work, and their role in long-term wealth creation.

MC-Deloitte CXO Survey: Over 84% of CXOs expect no new personal income taxes in Budget 2026

Over 84% of corporate leaders do not expect any new personal income tax measures in Budget 2026

Budget 2026: Should the 30% income tax slab be raised and indexed to inflation?

Tax experts advocate increasing India's 30% tax slab from Rs 24 lakh to Rs 35 lakh to counter inflation, boosting middle-class disposable income and economic growth, amid Union Budget 2025-26 discussions

Bought under-construction flat? Check how Section 54 applies to LTCG exemption

Under-construction bookings qualify for LTCG exemption under Section 54 if possession is made within three years.

Retiring in a new tax regime: What the latest rules mean for your income and savings

India’s tax framework has shifted. If retirement is close, the choice between the old and new regimes can materially change how much you keep and how long your savings last.

Union Budget 2026: A chance to revamp housing finance, boost affordability

Key proposals for the Union Budget 2026 include increasing tax deductions on home loan interest, reviving subsidies for mid-income buyers, simplifying loan portability, and linking disbursements to construction milestones.

Budget 2026: Taxpayers want inflation-proof slabs, parity

Taxpayers want the Budget to make transition to new tax law simpler, slabs to be inflation-adjusted, deductions to be restored and easing of charitable trust rules

CBDT identifies undisclosed virtual digital assets worth Rs 889 crore; Here’s how to report earnings from crypto in ITR

The Income Tax Department has introduced a separate Schedule VDA in ITR forms, and this is where all crypto-related income must be disclosed, a tax analyst said.

CBDT crackdown on unreported foreign assets and income: What is it and how to avoid penalty?

CBDT will be sending SMSs and emails to taxpayers who’ve been identified as not disclosing foreign income and assets in the ITR filed for AY 2025-26.

Can a couple claim Section 80GG while owning flats in same or another city?

You cannot claim Section 80GG if you own a house in any other place that is kept vacant or reserved for your own occupation.

The tax twist in gifts: How money or gold gifts can affect your filing

Not all gifts are tax-free — some could quietly add to your taxable income if you’re not careful.

Does your gift of gold coin, jewellery on Diwali comes wrapped with tax liabilities?

Gold as gift from relatives is tax-exempt but the gifts that exceed Rs 50,000 from people other relatives in a fiscal year are taxable

Dhanteras 2025: Tax guide for gold jewellery, coins, gold ETFs and SGBs

Gold ETFs and sovereign gold bonds offer tax-efficient alternatives to physical gold, providing portfolio diversification, tax benefits, and flexibility, making them attractive options for investors seeking gold exposure

No tax rebate for special-rate incomes, reiterates Income Tax Dept, asks taxpayers to pay up by December 31

No interest will be levied if the income tax due is deposited by December 31, says CBDT circular.

Why retaining employee-funded group health insurance add-ons makes sense despite no GST exemption

Group health covers offer several advantages over retail policies, including smoother claim settlement, no waiting period for pre-existing diseases, which are critical for employees' elderly parents, in particular.

Income Tax Return filing deadline extended by a day to September 16

However, the e-filing portal will be in maintenance mode until 2:30 am to enable change in utilities

ITR filing 2025: Why individual taxpayers must file their tax returns on September 15

While you can file belated returns by December 31, 2025, not adhering to the September 15 deadline will attract late-filing fees of Rs 1,000–Rs 5,000, besides other restrictions

ITR filing 2025: Why checking AIS and Form 26AS is critical before submitting tax returns

Difficulty in accessing AIS has been the chief complaint of many tax professionals ahead of the September 15 ITR filing due date. It is important to review AIS to avoid missing out on disclosures, which can then trigger scrutiny and notices from the tax department.