Budget 2026
Complete Budget 2026-27 guide. Tax slabs unchanged. New Income Tax Act 2025 from 1 April 2026. Revised ITR deadline extended to 31 March. TCS cuts, STT hike, NRI changes & FAST-DS scheme explained.
Income Tax
#IncomeTaxIndia
Income Tax
Income Tax Department Launches Compliance Drive on Undisclosed Foreign Assets & Income: What Taxpayers Must Know (AY 2025-26)
The Income Tax Department has flagged 25,000 taxpayers for possible non-disclosure of foreign assets and income for AY 2025–26. Based on CRS and FATCA data, mismatches were found in Schedule FA and FSI. Taxpayers must file a revised return by 31 December 2025 to avoid heavy penalties under the Black Money Act.
Income Tax
FnO Trading and Tax for Salaried Person
Are you a salaried employee trading in Futures & Options and confused about tax audit requirements for FY 2024-25? Learn whether a tax audit is mandatory if you incurred a loss and your turnover is below ₹1 crore. Understand the impact of presumptive taxation, Section 44AB, and how to respond to a defective return notice under Section 139(9). This guide simplifies your compliance obligations for carrying forward losses legally.
Income Tax
Smart Tax Planning Strategies for Private Limited Companies in India 🇮🇳
Discover effective tax planning strategies tailored for private limited companies in India. Learn how to optimize deductions, reduce liabilities, and stay compliant.
Income Tax
Income Tax Return (ITR) Filing: Common Mistakes That Can Get You in Trouble
Filing your Income Tax Return (ITR) is a crucial financial responsibility for every taxpayer. However, even a minor mistake can lead to penalties, delayed refunds, or unnecessary scrutiny from the Income Tax Department.
