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
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
Updated return vs black money law: Drafting gap may trigger 30% tax and 300% penalty under Finance Bill 2026Pay additional tax, file an updated return—and still face 30% tax and 300% penalty under the Black Money Act? Unless Finance Bill 2026 reso...
06 Mar, 2026, 07.07 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
ITR-U cannot be filed if proceedings are initiated against a taxpayer, even when it is unrelated to the income to be disclosed in ITR-U, why Budget 2026 must fix thisThe Updated Return (ITR-U) is a successful tax reform. However, it cannot be filed if tax proceedings have started, even if unrelated to th...
12 Jan, 2026, 11.55 AM IST
Prosperr.io raises $1.5 million in funding from Silicon Valley investor Gokul RajaramBengaluru startup Prosperr.io raised four million dollars in a Jungle Ventures led seed round this year recently. It offers subscription ba...
23 Dec, 2025, 10.10 AM IST
Prosperr.io raises $4 million from Jungle Ventures, othersBengaluru startup Prosperr.io raised $4 million in a Jungle Ventures-led seed round recently. It offers subscription-based tax planning and...
23 Dec, 2025, 08.44 AM IST
Rs 10 lakh penalty for genuine taxpayers making inadvertent reporting errors; why Black Money Act needs changesThe Black Money Act's strict penalties, including a Rs 10 lakh fine, are unfairly penalizing honest taxpayers for inadvertent reporting err...
11 Nov, 2025, 11.55 AM IST
Income tax disputes stuck in endless loop: Faceless CIT (A)s are issuing repeated notices but no final judgement, preventing taxpayers from taking further actionLaunched to boost transparency, India's Faceless Appeal Scheme now faces challenges with significant pendency and the repetitive issuance o...
14 Oct, 2025, 06.00 PM IST
Less than 10 hours remain to file ITR without penalty: One last chance to opt old tax regime and fix mistakes made in ITRThe income tax return (ITR) filing deadline has been extended to September 16, 2025, offering taxpayers a chance to correct errors. Taxpaye...
16 Sep, 2025, 02.42 PM IST
How CFOs and CHROs can maximise employee CTC without increasing OpExIn India's competitive talent landscape, take-home pay is now more crucial than CTC. Companies can boost employee financial well-being and ...
13 Sep, 2025, 10.32 AM IST
Paying Rs 55,000 rent on time could not save salaried taxpayer from Rs 1 lakh penalty for missing TDS, know whyAn individual faced a Rs 1 lakh penalty for not deducting TDS on monthly house rent of Rs 55,000. According to Section 194-IB, TDS at 2% mu...
29 Jul, 2025, 10.48 AM IST
How India's fintech revolution reveals why tax advisory still needs the human heartWhile AI excels at tax compliance mechanics, it lacks the human intuition crucial for personalized tax planning. Human advisors offer strat...
27 May, 2025, 11.35 AM IST