Filing ITR Using Only Form 26AS and Ignoring AIS May Lead to Income Mismatches; Here’s What Taxpayers Should Know
Synopsis: AIS provides a much broader view of a taxpayer’s financial activities than Form 26AS. This article explains why one should not rely only on Form 26AS when filing your Income Tax Return (ITR). You should also check your Annual Information Statement...
Government’s Zero Capital Gains Tax on G-Secs: Will This Move Benefit You?
Synopsis: In 2026, FPIs pulled out almost ₹2.25 to ₹2.47 lakh crore from India, hurting market stability and investor mood. To fight this, India plans to offer a tax break on government bonds. This aims to draw foreign cash and steady the financial scene. They hope...
Leave Encashment Tax Rules for Salaried Individuals in AY 2026-27: How Much Exemption Can You Claim?
Synopsis: Retirement leave encashment is another source of retirement income, but this form of income is taxable according to the category of the employee and when he gets his encashment. Whereas, government employees get total tax relief in their leave encashment,...
4 Types of Taxes in Equity Mutual Funds: Know How Equity Fund Returns Are Taxed Under Current Rules
Synopsis: Equity mutual funds provide high long-term returns; however, factors such as STCG, LTCG, dividend tax, and STT influence one’s true gains. This article discusses important tax rules, taxes on SIPs, and common mistakes investors should avoid. Equity mutual...