Following Supreme Court’s verdict in the Tiger Global case, budget is an opportunity for government to impart clarity on applicability of GAAR to investments made before April 2017
Gold and silver are not a single asset for tax purposes, its tax impact depends on the form, holding period, and exit timing, and a small mistake in timing can significantly increase your tax burden
The Supreme Court has held that all the daughters who were alive on September 9, 2005 are to be treated as coparceners of the HUF and are entitled to a share in the HUF property
While the Income-tax Act, 2025 marks a major reform, lingering ambiguities and compliance burdens remain. Budget 2026 offers a crucial opportunity to clarify provisions, reduce litigation, and strengthen tax certainty
As Budget 2026 approaches, embedding gender intentionality through data-driven design and women-led last-mile delivery can transform financial access into lasting resilience for women across India
Given that inflation remains relatively stable and the policy intent of keeping the new regime simple and predictable, the government may prefer stability in the near term, say experts
Section 24(b) lets you claim up to Rs 2 lakh interest deduction under the old regime, even on a home loan taken from parents, relatives or friends.
Capital gains from selling assets are taxed separately, and don’t qualify for a rebate under Section 87A of the Income Tax Act.
The Income tax Rules provide a detailed mechanism for calculating the car perquisite for fuel vehicles; the same clarity is absent for EVs.
The tax aspect comes into play only when you sell the jewellery. In such cases, capital gains tax applies but only on the profit you make from the sale, not on the entire value of the inherited gold.
This year’s Union Budget will be read as a signal of intent, not a list of allocations. In a fractured global order and a charged domestic economy, India must show whether it is ready to govern for the decade ahead
Budget 2026 is anticipated to focus on tax simplification, reduced litigation, clarity on digital and cross-border taxation, streamlined compliance, and enhanced innovation incentives to drive growth
ESOP taxation is clear for employees working only in India, but remains uncertain for cross-border employees. Tax experts say Budget 2026 should clarify rules for cross-border ESOPs.
The proposed reform by ICAI will allow couples to file a joint tax return, offering relief to families that depend on a single source of income
Capital gains are taxed in the owner’s hands. If the land is in the owner’s name and no part has been gifted to the spouse, the full LTCG is taxable to the owner and must be reported in your ITR.
No rate cuts, fewer tweaks: tax experts want FM to focus on fixing everyday pain points that continue to trouble taxpayers
If the seller is a NRI, taxes are withheld at a higher rate, and the buyer is also required to obtain a TAN, deposit the tax deducted and file e-TDS returns.
At the heart of the judgment lies the Court’s endorsement of the principle - that transactions must be evaluated in light of, inter alia, commercial realities
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
The new tax regime offers lower slab rates, simpler compliance, and fewer exemptions. Yet, despite this push, the old tax regime is still chosen by a meaningful section of taxpayers.
It is advisable to decide in advance the corpus you want for your child at a specific age and invest accordingly through monthly SIPs
Under-construction bookings qualify for LTCG exemption under Section 54 if possession is made within three years.
The Supreme Court’s interpretation significantly narrows treaty protection for multitiered structures. Investors may now need to rethink long-standing governance models and reevaluate multijurisdictional holding structures
As Budget 2026 approaches, emerging technology sectors seek tax incentives, simplified IP regimes, expanded GCC benefits, and funding support to drive innovation, employment, and long-term economic growth
If an individual is earning about Rs 25 lakh and has deductions and exemptions of around Rs 8.5 lakh or more, the person should consider the old over new tax regime.