Employee fined Rs 10 lakh over lack of ESOP disclosure in ITR; here's why ITAT Chennai cancelled itAn Indian employee faced a Rs 10 lakh penalty for not disclosing foreign ESOPs in his Income Tax Return. The Income Tax Appellate Tribunal,...
17 Apr, 2026, 06.02 PM IST
Paying high rent? Don't forget to deduct TDS before March 31, 2026 or you may face penalties and interestTenants paying more than Rs 50,000 in monthly rent must deduct TDS at 2% before March 31, 2026. This compliance is for the financial year e...
26 Mar, 2026, 04.33 PM IST
Now request for nil or lower TDS deduction for property and other transactions via this new form as per Income Tax Act, 2025; See what’s changedThe Income Tax Act, 2025, introduces new Form 128 for applications requesting nil or lower Tax Deducted at Source (TDS) on property and oth...
11 Feb, 2026, 11.09 AM IST
14 personal finance highlights impacting middle-class taxpayers in FY26-27 from Budget 2026Budget 2026 introduces significant relief for salaried and middle-class taxpayers, including a new simplified Income Tax Act and automated ...
07 Feb, 2026, 04.14 PM IST
Budget 2026 makes TDS/TCS deduction rules mandatory, know how it will help in reducing disputesBudget 2026 has made CBDT guidelines mandatory for all property TDS and transaction participants. This move aims to prevent disputes and li...
03 Feb, 2026, 01.41 PM IST
Budget 2026 Income Tax Highlights: Changes in taxation on SGB redemption, share buyback, TCS, STT, NRI property TDS, updated income tax slabs, standard deduction and moreUnion Budget 2026 introduces a new Income Tax Act from April 1, 2026, with simplified rules. Key changes include reduced TCS rates on overs...
02 Feb, 2026, 04.18 PM IST
Budget 2026 eases compliance burden for individuals buying immovable properties from NRIsThe Union Budget 2026-27 has eased compliance for individuals buying property from non-residents. Buyers will no longer need a TAN to deduc...
02 Feb, 2026, 02.19 PM IST
10 ways individual taxpayers will be impacted most from Budget 2026: Tax slabs, ITR filing deadlines, Foreign Asset Disclosure Scheme and moreBudget 2026 introduces a New Income Tax Act effective April 1, 2026, with staggered ITR filing deadlines and reduced TCS on overseas tour p...
02 Feb, 2026, 12.17 PM IST
Budget 2026 Key Highlights: Income tax slab, new ITR forms, filing due dates, stock buyback taxation; penalty on crypto-related income tax reporting and moreBudget 2026 brings key changes for taxpayers. The income tax return correction window extends to March 31. TDS and TCS rules are simplified...
01 Feb, 2026, 05.56 PM IST
Senior Citizens and Budget 2026: How key proposals from Finance Minister can impact themBudget 2026 introduces some reforms for senior citizens, including streamlined online customs declarations and duty exemptions on 17 cancer...
01 Feb, 2026, 05.28 PM IST
Income tax budget 2026 highlights: From tax relief to tax reforms - how individuals will be impactedThe Budget adopts a measured approach to personal taxation, prioritising structural improvements over immediate tax relief. Through legisla...
01 Feb, 2026, 05.13 PM IST
Exemption from income tax on interest awarded by the Motor Accident Claims Tribunal to a natural person in Budget 2026Union Budget 2026 has proposed that any interest awarded by the Motor Accident ClaimsTribunal to a natural person will be exempt from incom...
01 Feb, 2026, 05.13 PM IST
Budget 2026 PDF in Hindi and English: Direct links to download the FM Sitharaman's speech and highlightsBudget 2026 in Hindi: Finance Minister Nirmala Sitharaman presented the Union Budget 2026, maintaining unchanged income tax rates and slabs...
01 Feb, 2026, 03.06 PM IST
Budget 2026: Crypto taxation unchanged, industry disappointed over missed reformsThe Union Budget 2026 kept crypto taxation unchanged, retaining the 1% TDS and loss set-off restrictions, disappointing the industry, which...
01 Feb, 2026, 02.02 PM IST
Budget 2026’s Tax Test: India needs fewer tax tangles and more investment muscleIndia Budget 2026 should continue India's tax reform momentum by simplifying TDS, rationalizing buyback provisions, and facilitating sector...
30 Jan, 2026, 01.39 PM IST
Budget 2026: Crypto markets expect regulated, transparent, compliance-driven frameworkAs Budget 2026 nears, crypto industry leaders are urging the government to introduce a regulated, transparent and compliance-driven framewo...
30 Jan, 2026, 11.56 AM IST
Crypto market expects regulatory clarity and tax rationalisation from Budget 2026Ahead of Budget 2026, India’s crypto industry is seeking regulatory clarity and tax rationalisation, especially relief from the 1% TDS and ...
17 Jan, 2026, 12.37 PM IST