by Ameet S | Jul 16, 2026
Synopsis: India has increased the windfall tax on diesel and ATF exports while cutting the levy on petrol exports as part of its latest fortnightly review. The revised duties, effective from July 16, are part of the government’s latest fortnightly review under...
by Ameet S | Jul 15, 2026
Synopsis: Section 115H of the Income Tax Act provides concessional tax treatment for NRIs returning to India on income earned from specified foreign exchange assets acquired during their non-resident period. This article highlights who can be eligible, what...
by Ameet S | Jul 14, 2026
Synopsis: Income Tax penalties, fees and interest may apply in case of non-compliance, including late filing of returns, non-payment of taxes, incorrect reporting of income and failure to maintain required records. This article explains major provisions under the...
by Ameet S | Jul 13, 2026
Synopsis: Salaried Individual ITR filing for FY 2025-26 (AY 2026-27) deadline is 31st July 2026. This article details the applicable ITR Forms, the implications associated with late filing of ITRs, the rule for filing revised returns and important changes to be aware...
by Jahnavi | Jun 18, 2026
Synopsis: The new tax regime has less deductions compared to the old tax regime, but there are still few investments that still escape tax, some unconditionally, others within specific limits. This article breaks down the investments and the limits if applicable. Many...
by Shreya Tiwari | Jun 17, 2026
Synopsis: People who are selling their property and want to pay less capital gains tax usually have two options: Section 54, 54F and Section 54EC. This article explains the difference between Section 54 and Section 54EC and which is better for tax-saving. When you...
