Could you be missing a critical June 2026 tax deadline? Check these essential TDS, Form 16, STT and advance tax requirements before it's too lateJune 2026 income tax deadlines are closer than many taxpayers realize. Form 16 issuance, TDS deposits, advance tax payments and STT reconci...
Leave encashment tax rules for AY 2026-27: How much exemption salaried employees can claimITR Filing 2026-27: Salaried employees can claim tax exemption on leave encashment at retirement. While government employees enjoy full exe...
Pension is salary, family pension is not: Key tax rules pensioners must know before filing ITR for AY 2026-27Pension and family pension are taxed differently under the Income-Tax Act, yet many taxpayers continue to confuse the two while filing retu...
Switched jobs this year? Make sure your new employer is not under-deducting your TDS
Filing your ITR early for AY 2026–27? Why you should wait till June 15With the utilities for ITR filing for AY 2026–27 being available now, many taxpayers are planning to file their returns early. However, inc...
5 reasons why you can get income tax notice for FY 25-26 ITR: Salary income, TDS, AIS mismatches and more
Key changes in ITR 1, 2, 3 and 4 forms in FY 25-26: Reporting of LTCG, buyback losses, F&O, intra-day trading & more; what new forms includeThe Income Tax Department has revised ITR forms for FY 2025-26, introducing new disclosure requirements for capital gains, trading, and for...
Highest 5-year FD rates at PSU vs private vs SFB banks: What Rs 1 lakh investment in each FD will give you on maturityInvestors seeking high returns on 5-year fixed deposits can explore options beyond public sector banks. DCB Bank leads private banks with a...
12 key income tax form changes every taxpayer should know: From Form 16 to Form 168A new Income-tax Act arrives on April 1, 2026. It brings fresh income tax forms and replaces many old ones. Taxpayers will use these new fo...
RSU vs ESOP: Which is better for you as employee? Pros and cons explainedFrom vesting-day perquisite taxes to a 40% US estate levy that most Indian professionals never see coming, your employer’s stock is not the...
ITR filing 2026: How to claim meal card tax benefit before July 31, rules explained
Meal card reporting when filing ITR: How to do it correctly and claim tax benefits under both the old and new tax regimesSalaried employees can now claim meal card tax benefits under both old and new tax regimes from Tax Year 2026-27. For AY 2026-27, the benef...
Five big changes in Form 16, which is replaced by Form 130, that every salaried employee must knowForm 16 will be renumbered as Form 130 under the Income Tax Rules, 2026, effective from April 1, 2026. This change introduces a "Tax Year" ...
ITR Filing: How to verify the validity of Form 16It is important to ensure that the TDS certificate received by you is valid. Thus, every taxpayer should verify and validate the TDS certif...
How to file income tax return with two or more Form 16sForm 16 is a basic document required to file the income tax return by salaried individuals. It may happen that individuals have switched jo...
Primer: All about Form 16Form 16 has details of the tax deducted and the branch of the bank where it is deposited into the central government account.
- Tally Form 16 with investment declaration
Form 16 gives details of tax deducted & branch of bank where it is deposited into the central govt account. Most-overlooked tax deductions ...