Taxpayers
Zero tax on ₹20 lakh CTC? How a smart car lease can cut your tax under the new regime
Smart salary structuring unlocks major tax savings on car leases under the new tax regime, showing how a ₹20 lakh CTC can significantly reduce taxable income and enhance take-home efficiency.
2 min read17 Apr 2026Returning from Dubai for safety: will it affect my tax residency?
Once you qualify as a Resident and Ordinarily Resident under ITA, your global income becomes taxable in India.
2 min read16 Mar 2026Advance tax final instalment deadline: Step-by-step guide on how a taxpayer can clear their dues online
The final advance tax payment for FY 2025–26 is due on 15 March. Taxpayers must estimate their income and pay in four instalments to avoid interest charges. Here’s your complete guide to clearing dues online.
2 min read13 Mar 2026Deepak Shenoy flags fake I-T assessment orders — Here's how to check if your notice is real, and what to do next
Deepak Shenoy has alerted people to fake tax notices being circulated via email, urging vigilance against fraudsters during tax season. Here's how to check whether your tax notice is genuine and what steps to take next.
2 min read9 Mar 2026Claiming HRA on rent paid to parents and relatives will be harder from 1 April
New disclosure mandates and stricter documentation will require taxpayers to prove that rent paid to family members is a genuine transaction rather than a tax-saving tactic.
3 min read23 Feb 2026India’s new tax law simplifies compliance but complicates salaried tax choices
India’s new Income-tax rules promise simpler compliance through fewer forms and pre-filled returns. But by reviving Old Regime exemptions, they risk making tax choices harder for salaried taxpayers.
4 min read10 Feb 2026New income tax rules raise PAN threshold, meal allowances
The draft Income-tax Rules, 2026, streamline processes, increasing PAN limits and meal allowances. Pre-filled forms will aid taxpayers, while adjustments in employer allowances reflect market realities, promoting ease of filing and benefiting employees.
1 min read9 Feb 2026Budget 2026 Income Tax announcements: What do taxpayers get this year? Did FM Sitharaman slash rates?
Budget 2026 income tax announcements: Salaried taxpayers and the middle class citizens of India were expecting major income tax announcements after the relief that FM Sitharaman announced last year.
1 min read1 Feb 2026ITR Refund Delay: Still didn't get your income tax refund? Here's what you should do
Income tax refunds usually get delayed because often times the returns are not fully processed, or the I-T Department finds mismatches or non-compliance in your tax filing.
2 min read12 Jan 2026IRS kills Direct File Option for 2026 — Here's how you can still file your taxes for free
When the killing off of Direct File was announced in November 2025, Treasury Secretary Scott Bessent, who is also the current IRS commissioner, had said that there are better alternatives to Direct File.
2 min read7 Jan 2026Wait for it…
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