Tag: Income Tax

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India To Replace 1961 Income Tax Law With New Act From April 1, 2026

The Government of India has announced that a new Income Tax Act will come into effect on April 1, 2026, replacing the six-decade-old Income‑tax...

New draft income tax rules require PAN for various financial transactions, effective April 1, enhancing transparency.

The government has released a draft of income tax rules that outlines proposed changes to the usage of the Permanent Account Number (PAN) beginning...

India Proposes Major Changes To PAN Rules In Draft 2026 Tax Regulations

The Income Tax Department has released draft Income Tax Rules, 2026, proposing significant revisions to when quoting a Permanent Account Number (PAN) will be...

ELSS and NSC are popular tax-saving options under Section 80C, each catering to different risk and return preferences.

The Income Tax Act offers various investment avenues for tax savings under Section 80C. Two popular options among taxpayers are Equity Linked Savings Schemes...

That ‘Legal Robbery’ We All Pretend Not to See?

In 2017-18, I did something that surprised even myself. I spray-painted 3 words on a public wall: #TaxationIsTheft. The media covered it, and surprisingly,...

New Income Tax Act Draft Rules Released, Set to Replace 1962 Framework by April 1

The Indian government has unveiled draft rules for a new Income Tax Act, set to come into effect on April 1. This new legislation...

Madras High Court Rejects Actor-Politician Vijay’s Plea Against ₹1.5 Cr Income Tax Penalty

The Madras High Court has dismissed a petition filed by actor Vijay challenging a tax penalty of ₹1.5 crore. The penalty was levied for...

If You Are A Salaried Middle-Class Taxpayer, Budget 2026 Offers Little Immediate Relief

Finance Minister Nirmala Sitharaman presented Budget 2026 at a time when middle-class households and low-income groups were hoping for tangible tax relief to cushion...

बजट से बड़ी राहत की उम्मीदें 13 लाख तक इनकम टैक्स फ्री, 300 नई ट्रेनें और किसानों-बुजुर्गों को बड़ा फायदा संभव?

वित्तमंत्री निर्मला सीतारमण 1 फरवरी को पेश होने वाले केंद्रीय बजट में मिडिल क्लास, किसानों, यात्रियों और बुजुर्गों को बड़ी राहत दे सकती हैं।...

Budget 2026: What Joint Tax Filing for Married Couples Could Mean for Your Taxes

The Modi government is likely to announce a major tax relief for married taxpayers in the Union Budget 2026–27, with the introduction of an...

आयकर विभाग की बड़ी कार्रवाई: दो राजनीतिक दलों पर छापे, 500 करोड़ के बोगस चंदे और फर्जी टैक्स छूट का पर्दाफाश

देशभर में टैक्स चोरी और बोगस डोनेशन के खिलाफ आयकर विभाग ने बड़ी कार्रवाई करते हुए दो राजनीतिक दलों के ठिकानों पर छापेमारी की...

Income Tax 2026: 5 बड़े बदलाव जो आपकी जेब में रखेंगे ज्यादा पैसा, जानें कैसे बचाएं टैक्स

साल 2026 में इनकम टैक्स नियमों में हुए अहम बदलाव सीधे आपकी कमाई और बचत पर असर डालेंगे। बजट 2025 में सरकार ने सैलरीड...

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