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CBDT notifies rules for simplified IT law: HRA claims to require landlord relationship disclosure from April 1, 2026

India, March 20 -- The Central Board of Direct Taxes on March 20 notified rules under the Income Tax Act, 2025, effective April 1, 2026, introducing enhanced HRA benefits for salaried taxpayers while ... Read More


Why you must plan for a 30-year retirement

New Delhi, March 18 -- India's life expectancy has risen from 62 to 72 in 25 years and could approach 90 by 2100, according to UN projections. For affluent Indians, better healthcare and lifestyles me... Read More


Joint property ownership and tax: How splitting rental income with family members can lower your tax bill

India, March 16 -- A Mumbai flat owner reportedly paid no tax on around Rs.17 lakh of annual rental income by structuring the property as a genuinely jointly owned asset with family members. Since eac... Read More


Joint ownership and tax: How splitting rental income with family members can lower your tax bill

India, March 16 -- A Mumbai flat owner reportedly paid no tax on around Rs.17 lakh of annual rental income by structuring the property as a genuinely jointly owned asset with family members. Since eac... Read More


Joint ownership and tax: How splitting rental income with family members can lower your tax bill

India, March 16 -- A Mumbai flat owner reportedly paid no tax on around Rs.17 lakh of annual rental income by structuring the property as a genuinely jointly owned asset with family members. Since eac... Read More


Joint property ownership and tax: How splitting rental income with family members can lower your tax bill

India, March 16 -- A Mumbai flat owner reportedly paid no tax on around Rs.17 lakh of annual rental income by structuring the property as a genuinely jointly owned asset with family members. Since eac... Read More


Gift deed vs Will: Here's what you should know before deciding to transfer property to family

India, March 15 -- A gift deed is used to voluntarily transfer assets without consideration during the donor's lifetime. A Will, on the other hand, is a legal declaration that outlines how a person's ... Read More


Gift deed vs Will: Here's what you should know before deciding to transfer property to family

India, March 15 -- A gift deed is used to voluntarily transfer assets without consideration during the donor's lifetime. A Will, on the other hand, is a legal declaration that outlines how a person's ... Read More


Selling inherited property? ITAT clarifies LTCG Indexation starts from the original owner's purchase year

India, March 11 -- A recent ruling by the Surat bench of the Income Tax Appellate Tribunal (ITAT) in the case of Adil Noshirvan Shethna vs ITO reaffirmed that when calculating long-term capital gains ... Read More


ITAT Ruling: How Inherited Property Tax Indexation Can Save You Thousands

India, March 11 -- A recent ruling by the Surat bench of the Income Tax Appellate Tribunal (ITAT) in the case of Adil Noshirvan Shethna vs ITO reaffirmed that when calculating long-term capital gains ... Read More