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SALARY DEFERMENT 2026
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 for FY 2025-26: Key changes in due dates, ITR forms, and F&O disclosure rules taxpayers must knowThe deadline for filing income tax returns for FY2025-26 has arrived, with new rules and forms in effect. Notably, ITR 3 and ITR 4 filings ...
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 ...
Worked in the US, UK or Canada? Form 40 can help Indians defer income tax liability on foreign pension accountsIndian residents with foreign pension accounts like 401(k) from working in the US, UK, or Canada can now defer India tax liability. By fili...
Air India’s cabin glow-up is fighting the pressure of a brutal money heatAir India is undergoing a significant fleet overhaul, investing $400 million in refurbishing cabins with new seats, entertainment systems, ...
Air India delays salary hikes, pushes cost cuts amid volatile FY26 outlookAir India is tightening its belt. Facing global challenges, the airline is cutting costs. This move comes after significant expansion. Mana...
India Inc salary restructuring: How new labour codes and income tax rules will impact take-home pay and retirement savingsSalaried employees face uncertainty as new labor codes and tax rules loom. Companies are preparing for changes, but widespread implementati...
Himachal govt defers 30% salary of top officials for six monthsHimachal Pradesh government has deferred a portion of salaries for officers and employees for six months, starting May 2026, to manage fina...
Himachal CM unveils Rs 1,500 support for Kinnaur women, geothermal project for PeoHimachal Pradesh celebrated its 79th Day with enthusiasm. Chief Minister Sukhvinder Singh Sukhu announced significant welfare schemes and d...
Luxury car sales growth slows to 3% amid global jittersLuxury car sales in India saw a modest 3% rise in the March quarter, with around 14,000 vehicles over Rs 40 lakhs sold. This growth lagged ...
DA hike delay: Will central government raise dearness allowance in first week of April?Central government employees and pensioners are awaiting the January 2026 Dearness Allowance (DA) and Dearness Relief (DR) hike announcemen...
‘Most cuts in salaries of top officials’: HPCC chief on CM Sukhu’s 6-month pay cut for ministers, MLAsAs Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu announced a six-month salary deferment for ministers, MLAs, and senior bureaucrat...
Cash-strapped Himachal Pradesh withdraws board heads' cabinet rank, defers paymentsThis move aims to streamline administration and cut protocol expenses. The state faces a significant financial crunch with a debt of ₹1.40 ...
Faster resolution of litigations, use of AI and more; 6 ways Budget 2026 can transform taxpayer experienceThe budget sits between the bumper budget presented in February 2025 and the upcoming Income Tax Act 2025 which will be implemented from Ap...
Capital gains tax rules for FY 25-26: Experts explain STCG, LTCG tax rule changes they expect in Budget 2026As Budget 2026 approaches, taxpayers anticipate a more consistent capital gains tax framework. Experts suggest aligning holding periods for...
Budget 2026: Why income tax amendments will be made in the 2025 Act instead of the repealed 1961 lawIf any tax policy changes are announced in Budget 2026, legislative logic dictates they will have to be made directly in the 2025 Act, rath...
Will your income tax refund be stopped if your ITR is not processed by December 31, 2025?Income tax refund: Taxpayers filing revised or belated ITRs by December 31, 2025, have until December 31, 2026, for the Income Tax Departme...
Will 8th Pay Commission be implemented in January 2026? Take a look at possible timeline, DA hike, and other benefitsMillions of central government employees and pensioners are anticipating the 8th Pay Commission, which is expected to boost salaries and pe...
Government may delay 8th Pay Commission implementation beyond January 1, 2026, here's why8th Pay Commission news: Budget 2025, presented on February 1, 2025, made no allocation of any money for the 8th Pay Commission. Many centr...
Know four different types of Employees Stock Option Plans (ESOPs) and how they are taxedDifferent types of ESOPs: Many companies give ESOPs or Employee Stock Option Plans as part of their compensation benefit. However, not many...