Taxes
Income Tax dept launches new TDS TRACES portal for taxpayers: Here's how to access website, forms, what's different
The Income Tax Department has launched the new TRACES 2.0 portal to enhance TDS compliance. The user-friendly interface allows for streamlined navigation, enabling users to access Form 26AS, TDS certificates, and track credits efficiently.
2 min read11 Apr 2026Planning to gift a house to your spouse? The tax department may know
Sub-registrars must now report property gift deeds above ₹45 lakh to the tax department, bringing such transfers into taxpayers’ AIS and tightening scrutiny on clubbing-rule violations.
2 min read8 Apr 2026April 1 Financial Rule Change Highlights: Income tax, salary, PAN, gratuity to undergo massive overhaul as FY27 starts
April 1 Financial Changes Highlights: A host of new changes are coming into effect from 1 April, 2026, as the new financial year begins. Follow Mint's LIVE coverage of 1 April financial rule changes.
16 min read30 Mar 2026Lok Sabha clears Finance Bill with buyback tax clarity tweaks
The amendments to the Finance Bill 2026 clarify that a flat 12% surcharge would apply on share buybacks.
3 min read25 Mar 2026Govt restores full tax refund benefits to support exporters
This step is intended to provide timely support to Indian exporters facing elevated freight costs and war-related trade risks arising from disruptions in the Gulf and the wider West Asia maritime corridor.
2 min read23 Mar 2026Finance Ministry notifies new Income-Tax Rules 2026 — Here's what changes for you from 1 April
The Finance Ministry on 20 March notified the Central Board of Direct Taxes' new Income-Tax Rules 2026. Here's what this means for taxpayers and how the changes impact you with effect from 1 April 2026.
3 min read20 Mar 2026India’s net direct tax collections rise 7.2% to ₹22.80 trillion
Corporate tax collections, net of refunds, stood at ₹10.92 trillion, registering a 12.77% year-on-year increase. Non-corporate tax collections, largely comprising personal income tax, came in at ₹11.32 trillion, marking a 2.70% growth.
1 min read19 Mar 2026Tax harvesting can save money—but it can also derail your portfolio
As investors rush to optimize taxes before the financial year ends, experts warn that tax harvesting can trigger poor portfolio decisions and behavioural mistakes that undermine long-term returns.
6 min read16 Mar 2026The Netherlands’ new tax experiment—and why investors should worry
The Netherlands plans to tax unrealized investment gains from 2028. India’s experience with punitive wealth and income taxes in the 1970s shows why taxing paper wealth can distort markets and behaviour.
3 min read15 Mar 2026Safra Pays $2 Billion Dividend to Its Owners Ahead of Tax Hike
Banco Safra SA paid 11 billion reais ($2 billion) in dividends and interest to the owners of its parent company in 2025, ahead of higher taxes that will kick in this year.
2 min read7 Mar 2026