Expectations of big income tax relief are running high ahead of Union Budget 2026, but experts warn that sweeping tax cuts ...

From 11 tax slabs post-independence, the taxation system in India now has seven tax slabs under the New Tax Regime introduced ...

For a growing section of taxpayers - young professionals, gig workers, and freelancers - filing a tax return still remains complex. Multiple income streams, digital transactions, and evolving ...

With the Income Tax Act, 2025, set to kick in from 1 April, the upcoming Budget must prioritize compliance, clarity and ...

Pravin Kaushal writes that joint tax smoothens disparities between high- and low-earning spouses by averaging income across ...

Budget 2026 income tax expectations: Salaried taxpayers are looking at FM Nirmala Sitharaman to provide further relief under ...

Higher LTCG exemption, ₹1 lakh standard deduction, slab rationalisation, 80D inclusion under new tax regime and housing affordability are the major expectations in Union Budget 2026.

Experts advise taxpayers to compare both regimes based on their income, deductions, and future plans, and then choose the ...

Returnees to India often face challenges with taxes due to changes in residential status and unfamiliarity with local tax ...

Capital gains from selling assets are taxed separately, and don’t qualify for a rebate under Section 87A of the Income Tax ...

In the previous Union Budget, the Section 87A rebate was reworked to directly benefit low- and middle-income earners, ...

Professionals are calling for service-based apportionment and standardized formulas to prevent prolonged tax disputes and ...