by Trade Brains | Feb 26, 2026
Synopsis: In this article, we will be looking into what advance tax is and how the penalty traps affect individuals without their knowledge. Advance tax is paying your income tax in advance, before the financial year ends rather than all at once during filing. Almost...
by Trade Brains | Feb 24, 2026
Synopsis: This article covers the recent revisions in the PAN card rule which will come into effect from April 1, 2026. It discusses who will be impacted by these changes and how. Major changes have been announced on PAN card requirements, and they are set to come...
by Trade Brains | Feb 22, 2026
Synopsis: According to the New Tax Regime, there are not many options to save taxes as most of the deductions and exemptions are reduced. This article highlights 8 smart strategies to save taxes even under the new tax regime. You can save tax in the new tax regime by...
by Trade Brains | Feb 19, 2026
Synopsis: This article discusses what the new draft rules are, how they are changing the taxation of VRS, the eligibility to claim tax exemption on VRS income, how VRS is calculated, and other important conditions to know related to VRS. Voluntary Retirement Schemes...
by Trade Brains | Feb 19, 2026
Synopsis: This article explains about the real-life scenarios of compensation received on land acquisition is taxable in India. Compulsory acquisition, private projects through government process, and direct sale to private developers. It also highlights the tax...
by Trade Brains | Feb 18, 2026
Synopsis: It might be confusing as to whether an individual should file an Income Tax Return, when the annual income equals ₹7 lakh, especially when the liability to tax turns to zero under the new regime. This article identifies the tax regime disparities, compares...