New income tax rules for 2025 bring welcome changes. Salaried individuals earning up to Rs 12.75 lakh will pay no tax. TDS ...
Explains source-based taxation for NRIs, highlighting taxable Indian income and compliance essentials. Takeaway: focus on India-source income and avoid reporting foreign ...
The compliance cycle for January kicks off early. January 7, 2026, is the key deadline for depositing TDS and TCS deducted or ...
It is anticipated that the scope of TDS on income from rent and fixed deposits may be further expanded- More Details Below ...
From higher tax-free income thresholds and relaxed TDS norms to a longer window for correcting past returns, the measures ...
If an employee anticipates that their claims cannot be substantiated, they should consider filing an Updated Return (ITR-U) ...
Most Indians now prefer the new tax regime for its simplicity and higher in-hand pay. Those sticking to the old regime need ...
After getting meaningful tax relief in Budget 2025 through higher TDS thresholds and revised slabs, senior citizens are now ...
From January 1, 2026, PAN cards not linked to Aadhaar will be marked as inoperative. Late linkage will attract penalties; ...