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income tax

Income Tax

 

More Stories on Income Tax
Income Tax 2026: Key rule changes that would increase salaried take-home pay

Income Tax 2026: Key rule changes that would increase salaried take-home pay

Apr 01, 2026, 01:25 PM IST

India’s new Income Tax Rules, effective April 1, 2026, bring targeted changes that directly impact salaried employees. From expanded HRA benefits to higher allowances, the reforms are set to improve take-home pay while tightening compliance.

New Financial Year: Stock market new rules from April 1 2026 - 4 big changes

New Financial Year: Stock market new rules from April 1 2026 - 4 big changes

Mar 31, 2026, 11:10 AM IST

Stock market new rules from April 1, 2026: While March 31 serves as a full market holiday, April 1 functions as a settlement holiday.

Big Money Changes From April 1: Tax Relief, ATM Fees & Travel Rules You Must Know

Big Money Changes From April 1: Tax Relief, ATM Fees & Travel Rules You Must Know

Apr 01, 2026, 09:57 AM IST

Big Money Changes From April 1: Tax Relief, ATM Fees & Travel Rules You Must Know

TDS, TCS rules revamped from April 1: Tax forms renumbered, lower rates, simpler compliance

TDS, TCS rules revamped from April 1: Tax forms renumbered, lower rates, simpler compliance

Apr 01, 2026, 09:35 AM IST

India’s TDS and TCS framework is set for a major overhaul from April 1, 2026, with new forms, revised rates, and simplified compliance rules. The changes aim to streamline tax reporting while reducing the upfront burden on taxpayers in areas like foreign travel and remittances.

Income Tax slabs FY 2026-27: Will rates change from April 1 under new tax rules? Details here

Income Tax slabs FY 2026-27: Will rates change from April 1 under new tax rules? Details here

Apr 01, 2026, 09:00 AM IST

The government has retained the existing slab structure under both the old and new tax regimes for FY 2026-27 (AY 2027-28), continuing the framework from the previous year

Form 15H replaced by Form 121: What changes for senior citizens from April 1, 2026

Form 15H replaced by Form 121: What changes for senior citizens from April 1, 2026

Apr 01, 2026, 09:00 AM IST

For senior citizens, the replacement of Form 15H with Form 121 is a move toward uniformity and ease of compliance. While the process becomes simpler on the surface, it is backed by stronger digital tracking and tighter reporting standards.

Your wallet from April 1: Money rule changes you can’t afford to ignore

Your wallet from April 1: Money rule changes you can’t afford to ignore

Apr 01, 2026, 08:50 AM IST

From April 1, 2026, a series of financial rule changes will directly impact how you spend, save, and manage your money. From taxes and banking to travel and investments, these updates are set to reshape everyday finances. While some changes improve convenience and security, others could increase costs — making it crucial to understand what’s changing and plan your finances accordingly.

Income Tax 2026: What deductions you lose under new tax regime from April 1

Income Tax 2026: What deductions you lose under new tax regime from April 1

Apr 01, 2026, 08:10 AM IST

The New Income Tax Act 2025 comes into force from today, bringing a major shift in how deductions and exemptions work under the new tax regime. While tax rates remain lower, most traditional benefits like HRA and 80C are removed—reshaping how salaried individuals plan their taxes.

What gets expensive from April 1: From commercial LPG to bread, biscuits and ATM charges, cost of living set to rise

What gets expensive from April 1: From commercial LPG to bread, biscuits and ATM charges, cost of living set to rise

Apr 01, 2026, 08:00 AM IST

Alongside key tax changes, households are likely to face higher spending across essentials, banking services, commuting, and even big-ticket purchases such as cars.

April 1 tax shake-up: HRA, ITR forms, deadlines, meal cards, Form 130 explained

April 1 tax shake-up: HRA, ITR forms, deadlines, meal cards, Form 130 explained

Apr 01, 2026, 07:00 AM IST

India’s income tax landscape is set for a major shift from April 1, 2026, with new rules impacting how salaried individuals claim exemptions and file returns. From tighter HRA compliance to the rollout of Form 130 and higher meal card benefits, several changes will directly affect your take-home pay and tax planning.

CBDT releases ITR forms for AY 2026–27; check key changes for return filing

CBDT releases ITR forms for AY 2026–27; check key changes for return filing

Mar 31, 2026, 07:39 PM IST

ITR-1 can now be used to report income from up to two house properties. Earlier, taxpayers with more than one property had to file ITR-2 or ITR-3, which involved more detailed disclosures. The change is expected to simplify filing for salaried individuals with multiple properties and reduce overall compliance burden.

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