ITR filing 2026: Step-by-step guide to filing ITR-1 for AY 2026-27 before the July 31 deadlineStudents, salaried individuals, and pensioners can file ITR-1 for AY 2026-2027. The deadline for filing this income tax return is July 31, ...
20 Jul, 2026, 12.15 PM IST
India vs US real estate: Transparency, legal protection, fraud risks, and what NRIs should consider before buying propertyIt is relatively easier to reliably buy or sell property in the United States, compared to the process in India, which can be fraught with ...
20 Jul, 2026, 12.07 PM IST
ITR filing: How Bitcoin, NFTs, airdrops, gifted crypto, and overseas wallets are taxed in India and how to report themIndia's virtual digital asset taxation remains among the world's toughest. Investors face a flat thirty percent tax on gains and one percen...
20 Jul, 2026, 11.50 AM IST
Income tax return: How to report capital gains correctly to avoid ITR filing mistakesAll disclosure of capital gains must be filed in Schedule CG. This schedule houses separate sections for different types of gains. For accu...
20 Jul, 2026, 11.45 AM IST
ITR-4 or ITR-3? Know which ITR form to file under presumptive taxation scheme and the documents requiredTaxpayers using the presumptive taxation scheme must select the correct Income Tax Return form. Generally, ITR-4 is suitable for individual...
20 Jul, 2026, 11.23 AM IST
These property sellers may need to re-compute advance tax after delayed release of Cost Inflation Index for tax year 2026-27; here’s what to doProperty sellers may need to re-compute advance tax after the Cost Inflation Index release. This delay impacts individuals selling property...
18 Jul, 2026, 01.12 PM IST
Cost Inflation Index: How it can help you file your income tax returnThe Income Tax Department has announced the Cost Inflation Index for the upcoming tax year. This index, set at 384, will adjust asset acqui...
17 Jul, 2026, 10.43 AM IST
NRI woman sold her property in Gujarat for Rs 21 lakh, tax dept sent notices, she missed them as she lived abroad; later she files case and wins in ITAT AhmedabadITAT overturns STCG tax on Gujarat house sale: When Kaminiben, an NRI from Anand, Gujarat, sold her house for Rs 21.4 lakh in AY 2018-19, w...
17 Jul, 2026, 10.13 AM IST
Best arbitrage mutual funds to invest in July 2026Arbitrage funds offer investors potential after-tax returns for longer investment periods. These funds exploit price differences between ca...
17 Jul, 2026, 09.29 AM IST
Govt to replace Ordinance by introducing Income-tax (Amendment) Bill in Monsoon sessionParliament will soon consider a bill to replace an ordinance on tax exemptions. This aims to attract foreign capital and stabilize the rupe...
16 Jul, 2026, 08.15 PM IST
ITR 2026: Common income tax return filing mistakes that cost employees lakhsA careful, timely, and well-documented filing approach can help employees avoid notices, interest, penalties, and refund delays while ensur...
16 Jul, 2026, 12.12 PM IST
India Cost Inflation Index at 384 in FY27, up from 376 a year earlier, CBDT notifiesIndia's Central Board of Direct Taxes has set the Cost Inflation Index at 384 for the financial year 2026-27. This index is pivotal in gaug...
16 Jul, 2026, 10.35 AM IST
Bengaluru landowner sells 17 apartments, earns Rs 11.8 crore LTCG, pays no tax; I-T dept sends notices; he contests and wins in ITAT BangaloreLandowner sells 17 apartments, earns Rs 11.8 crore gains, paid no tax, reinvests gains into 5 properties; tax dept sent notice; he wins cas...
14 Jul, 2026, 03.19 PM IST
ETMarkets Smart Talk | Equity, mutual funds, bonds or property: Tax rules every NRI should know: Ritu ShaktawatNRIs investing in India must understand tax rules and residential status. Double Taxation Avoidance Agreements offer beneficial tax treatme...
14 Jul, 2026, 09.00 AM IST
ETMarkets Smart Talk | Selling property in India? Here's how NRIs can avoid excess TDS: Trilegal's Himanshu SinhaNRIs face complex tax rules when selling Indian property, often leading to excess tax deductions. Obtaining a Lower TDS certificate can pre...
13 Jul, 2026, 09.00 AM IST
ITR filing 2026: Is AIS enough to report stock and mutual fund capital gains?Taxpayers should verify Annual Information Statement data for capital gains. Relying solely on AIS may lead to incorrect income reporting f...
08 Jul, 2026, 09.59 AM IST
No more March tax-saving rush? How the new tax regime is changing investment choicesAn investment must first stand up as an investment, and be a tax-saver only by accident. However, this problem has now solved itself. The n...
06 Jul, 2026, 12.15 PM IST