As the Finance Minister prepares to present the Union Budget 2026 on February 1, the middle class and individual taxpayers ...

As the Union Budget 2026 approaches, attention is shifting from rate cuts to deeper structural reforms in India’s income-tax system. After the 2025 overhaul that made income up to Rs 12 lakh ...

Explains source-based taxation for NRIs, highlighting taxable Indian income and compliance essentials. Takeaway: focus on India-source income and avoid reporting foreign ...

AY structure with a unified Tax Year under the new law. The key takeaway is simpler compliance, clearer timelines, and fewer filing errors without changing core tax ...

The number of individuals declaring annual income of over ₹1 crore has increased sharply in India, even as the overall base ...

The Income Tax Department has recently introduced a new feature on its official portal that allows taxpayers to file ...

According to the ClearTax annual report, traditionally, the bulk of salaried taxpayers filed simpler forms such as ITR-1, ...

Pre-budget suggestions are pouring in, in the North Block. As the government gears up to present the 2026 budget, one proposal stands out for its pote.

The year 2025 brought significant changes to India's income tax landscape, with Budget 2025 introducing beneficial hikes in ...

India is set to usher in a new Income Tax law from April 1, 2026. The new Income Tax Act aims to simplify tax rules, improve ...

New income tax rules for 2025 bring welcome changes. Salaried individuals earning up to Rs 12.75 lakh will pay no tax. TDS ...

Today, December 31, marks the final opportunity for taxpayers to file a revised Income Tax Return (ITR) for the relevant ...