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BUDGET IMPACT ON TAXPAYERS
New rules from July 1, 2026: Aadhaar update, passport fees, LPG prices, credit cards, railways and other major changes explainedSeveral important financial and regulatory changes have come into effect from July 1, 2026, impacting taxpayers, Aadhaar holders, passport ...- ITR filing 2026: Foreign income and overseas assets? Avoid these 7 costly disclosure mistakesReturning Indians face new tax filing complexities. Foreign retirement accounts now necessitate the more detailed ITR-2, moving away from t...
- ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...
- "What kind of India do they want?": Congress questions PM Modi's leadership; claims every section of society being "destroyed"The Indian National Congress leader Mallikarjun Kharge and Leader of Oppositon Rahul Gandhi launched a strong attack against Prime Minister...
- Salary hike this appraisal season? New labour codes and tax rules may change your real take-home payAppraisal season this year saw companies begin aligning salary structures with new labour codes and updated income tax rules. While some fi...
- Extended ITR revision window, loss related updated return & more; 6 ways how revised ITR filing timelines in Budget 2026 will impact youMoving beyond rate-centric reforms, the government has focused on re-designing the compliance lifecycle spanning original filing, revision,...
- Some steam left from last year's Budget - Meaningful reliefs on the way from Budget 2026In the last few budgets, the government's aim has been to promote the New personal tax regime (NPTR) which led to almost 72% of taxpayers o...
- PM Modi was quick to agree to tax relief, bureaucrats took time: Finance Minister Nirmala SitharamanFinance Minister Nirmala Sitharaman described the Union Budget as 'by the people, for the people, of the people,' with PM Modi supporting t...
- Budget 2024: New income tax slabs, capital gains tax, key tax changes that impact salaried, other taxpayersThe Budget 2024, presented today by Finance Minister Nirmala Sitharaman, will impact personal finance and individual income taxation in var...
- All the important Budget 2023 announcements that impact salaried taxpayersThe Budget seems to attract and enhance the common taxpayers' sentiments by providing numerous tax benefits. However, one needs to be mindf...
- Budget 2023: Experts state why basic income tax exemption limit should be increased to Rs 5 lakhCurrently, the basic income tax exemption limit is Rs 2.5 lakh for individual taxpayers under both the old and new income tax regimes. Expe...
- Budget 2022 personal taxation proposals and how they will impact taxpayersThe surcharge on long-term capital gains tax from equity funds and listed stocks is already capped at 15%. But for gains from other assets,...
- Important Budget 2022 announcements that impact individual taxpayersWhile no changes have been proposed to the income tax slabs and tax rates, the Budget contains some proposals which will impact individual ...
- 7 direct tax announcements in Budget 2021 and its impact on taxpayersIn order to encourage first time homebuyers, deduction on account of home loan interest up to Rs 1.5 lakh which was available on loans take...
- View: Budget proposals will have negative impact on insurance sectorThe Budget has failed to boost the insurance sector.
- Budget's impact on individual taxpayersRead on to find out the impact of the announcements of this year's Budget on the taxpayer .
- Budget 2018: Here's how much the tax reliefs you want will cost the finance ministerTaxpayers expect big tax cuts this year. But it seems unlikely that their hopes will be fulfilled.
- Budget 2017 is a mix of tax breaks and tax hits: Find out whether you benefit or loseChanges in tax rules for home loans and the surcharge on incomes over Rs 50 lakh mean some taxpayers will pay a higher tax next year.
- How Budget 2017 affects individual taxpayers in different income slabsHere's how Budget 2017 affects individual taxpayers in different income slabs
- Budget 2015: Arun Jaitley may find it expensive to fulfil taxpayers' wishesA Rs 10k hike in basic exemption translates into a loss of Rs 3k cr to the exchequer and Jaitley needs to give every tax benefit or cut a s...
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