Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...
12 Jun, 2026, 07.11 AM IST
ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...
11 Jun, 2026, 07.43 AM IST
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...
01 Jun, 2026, 07.11 AM IST
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...
22 May, 2026, 04.22 PM IST
New labour code: Can higher gratuity and social security costs under Social Security Code, 2020 be offset by employers by salary restructuring ?The recent notification of the Social Security (Central) Rules, 2026 under the Code on Social Security, 2020 marks a significant shift in I...
11 May, 2026, 12.27 PM IST
Tax-free allowances rise, so do employer costs: The salary structuring dilemma under the Social Security CodeEnhanced tax-free allowances under the Income-Tax Rules, 2026 can improve employees’ take-home pay. However, the expanded definition of “wa...
06 May, 2026, 07.33 AM IST
Buying property costing between Rs 20 lakh and Rs 45 lakh without a PAN? You must use new Form 97, says Income Tax DepartmentThe Income Tax Department has introduced a new Form 97, replacing Form 60, for individuals without a PAN card undertaking specific transact...
20 Apr, 2026, 03.01 PM IST
Is tax clearance mandatory before foreign travel? What the Income-Tax Act, 2025 saysThe introduction of Form 157 and Form 159 under the Income-Tax Rules, 2026 has sparked confusion over whether tax clearance is now mandator...
20 Apr, 2026, 12.03 PM IST
Meal vouchers at Rs 200 per meal: Who gets income tax benefit and how the ‘working hours’ rule appliesThe increase in the tax-exempt limit for employer-provided meals to ₹200 per meal under Rule 15 of the Income-Tax Rules, 2026 marks a signi...
18 Apr, 2026, 07.01 AM IST
Gratuity may rise under New Labour Code, but your income tax bill could tooThe Code on Social Security, 2020 expands the wage base for gratuity, potentially increasing payouts, but tax rules under the Income-tax Ac...
13 Apr, 2026, 02.36 PM IST
Meal card tax benefit: Do you get it under the new tax regime?New Income-Tax Rules have clarified meal voucher benefits. The tax-free limit for employer-provided meal vouchers has increased to Rs 200 p...
06 Apr, 2026, 08.36 AM IST
ET Wealth Online impact on Budget 2026: Buyback tax, Black Money Act, ITR penalties, NRI property sales, how taxpayers' concerns were addressedBudget 2026 brings significant changes for taxpayers. ET Wealth Online's concerns have been addressed, impacting buyback taxation and NRI p...
02 Feb, 2026, 01.41 PM IST
Faceless tax assessment lost its way: Why Budget 2026 must fix system, not expand compliance burdenWith the new Income-tax Act approaching, Budget 2026 presents a crucial chance to reform India's Faceless Assessment Scheme. Current struct...
24 Jan, 2026, 07.11 AM IST
Chartered Accountants caution joint bank account holders about this critical issue with tax rules that can lead to tax noticesChartered Accountants highlight a critical issue with tax rules. Rule 114E(2) causes duplicate reporting for joint account holders. This le...
23 Aug, 2025, 08.44 AM IST
20 UP sugar mills sold electricity worth Rs 214 crore to govt in 2016-17Six sugar mills from Khatauli, Titawi, Budhana, Mansurpur, Tikola and Khaikheri areas in Muzaffarnagar accounted for electricity worth Rs 7...
21 May, 2018, 03.31 PM IST
Indian mouse deer spotted after 112 years in Chhattisgarh21 Sep, 2017, 07.30 PM IST
Congress reconstitutes Delhi PCC executiveWith assembly elections a few months away, Congress today brought in a new team for Delhi reconstituing the PCC executive and setting up of...
28 Jun, 2013, 08.43 PM IST