Budget 2026 Key Highlights: Income tax slab, new ITR forms, filing due dates, stock buyback taxation; penalty on crypto-related income tax reporting and moreBudget 2026 brings key changes for taxpayers. The income tax return correction window extends to March 31. TDS and TCS rules are simplified...
01 Feb, 2026, 05.56 PM IST
Should you invest in global securities via GIFT City or continue with direct LRS?With mutual funds hitting RBI’s $7 billion overseas investment limit, India’s financial hub offers residents a regulated path to global div...
25 Aug, 2025, 06.30 AM IST
Good news for salaried taxpayers: Limits for these two tax-free perquisites raised substantially in Finance Act, 2025Good news for salaried individuals. The Central Board of Direct Taxes (CBDT) has raised the income limits for tax-free perks. This change i...
23 Aug, 2025, 08.42 AM IST
Don’t forget to deduct TDS before buying property even if the seller is NRI as buyer will risk being labelled as tax evaderTDS on house property: The Income Tax Department said to follow Section 194 IA which relates to Tax Deducted at Source (TDS) on buying a ho...
02 Apr, 2025, 11.36 AM IST
Waiting till March 31, 2025, will be too late to save capital gains (LTCG) tax on equities this financial yearSave LTCG: Long term capital gains (LTCG) tax on equities is presently levied only if the gains is over Rs 1.25 lakh. However when we calcu...
28 Mar, 2025, 10.16 AM IST
5 Budget 2025 proposals that save tax and eases compliance burdenIncome tax compliance for taxpayers: Budget 2025 has hiked the income tax basic exemption limit, introduced new income tax slabs under the ...
03 Feb, 2025, 03.20 PM IST
Union Budget 2025, decodedFinance minister Nirmala Sitharaman presented her eighth budget to Parliament on Saturday. Thematically, her speech strongly emphasised on ...
01 Feb, 2025, 07.45 PM IST
Union Budget 2025: Govt enhances credit guarantee thresholds for small biz, startupsThe government has also proposed to double its credit guarantee for startups to Rs 20 crore, which is being lauded by the industry as a big...
01 Feb, 2025, 07.26 PM IST
Union Budget 2025: Wealthtech startups to benefit from taxable LRS threshold push to Rs 10 lakhUnion Budget 2025: Platforms which might benefit out of this are Vested Finance, IndMoney and such which are offering investment options to...
01 Feb, 2025, 03.00 PM IST
ITR filing: Credit card and forex spend reported separately by banks in AIS, know the impact and what you can doIncome tax return: While filing your ITR make a note that banks are now reporting total forex spends as a separate category in addition to ...
02 Jul, 2024, 03.01 PM IST
TCS on foreign remittance: There's a sting in the tax taleTaxpayers who pay their advance taxes — such as business persons and professionals — may be able to adjust the TCS against their advance ta...
12 May, 2023, 12.05 AM IST
How will Budget 2023 tax changes impact investors?Under the new tax regime, the rebate for income tax has been increased to Rs 7 lakh from the earlier limit of up to Rs 5 lakh. The budget a...
12 Feb, 2023, 06.09 PM IST
Nirmala Sitharaman Budget 2023 Speech: Here is the full textThis Budget hopes to build on the foundation laid in the previous Budget, and the blueprint drawn for India@100. We envision a prosperous a...
01 Feb, 2023, 05.44 PM IST
Taxman seeks info from foreign online gaming companiesIndian tax authorities have approached half a dozen online gaming firms in Malta, the UK and Gibraltar to gather information on the number ...
26 Dec, 2022, 07.54 AM IST
RBI Liberalised Remittance Scheme: How Indians can use LRS to invest, remit money abroadExplained below is the basic framework of LRS and how Indian residents can make foreign transactions under it.
22 Sep, 2022, 10.31 AM IST