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LTCG below Rs.1.25 lakh? Why you may still need to file your income tax return

New Delhi, July 3 -- Many taxpayers who sold listed shares or equity mutual funds during FY26 and earned less than Rs.1.25 lakh in long-term capital gains (LTCG) believe they can skip filing their inc... Read More


New vs old tax regime: How much tax do you pay on a Rs.25 lakh salary?

New Delhi, July 2 -- For salaried taxpayers, choosing between the old and new tax regimes remains one of the most important decisions while filing income tax returns. While the new regime offers lower... Read More


ITR filing 2026: Do taxpayers need to file two ITRs? The tax department answers

New Delhi, July 2 -- The first filing season after the rollout of the Income-tax Act, 2025 has left many taxpayers puzzled. With the new law replacing "Assessment Year" with "Tax Year" from 1 April 20... Read More


Bajaj Auto's Rs.5,632 crore buyback: How will your buyback proceeds be taxed?

New Delhi, July 2 -- Bajaj Auto's Rs.5,632.8-crore share buyback, which opened on July 1, comes with a significant change for investors. Shares accepted in the buyback will now be taxed under the new ... Read More


Income tax refund: Why you may receive less than the amount claimed in your ITR

New Delhi, July 2 -- Many taxpayers calculate the income tax refund they expect while filing their Income Tax Return (ITR) based on the tax paid and deductions claimed during the financial year. Howev... Read More


EPFO extends outage for the third time, here's when PF services will resume

New Delhi, July 2 -- The Employees' Provident Fund Organisation (EPFO) has once again postponed the restoration of its online services, extending the outage by another day as it continues a major upgr... Read More


Trader gets Rs.21 lakh tax demand over demonetisation cash, wins at ITAT

New Delhi, July 1 -- Cash deposited during the 2016 demonetisation period cannot be treated as unexplained income merely because it involved old currency notes, the Income Tax Appellate Tribunal (ITAT... Read More


EPFO extends online service outage till July 1; services to resume from July 2

New Delhi, July 1 -- The Employees' Provident Fund Organisation (EPFO) has extended the suspension of its online member and employer services by another day, delaying the restoration of key facilities... Read More


New vs old regime: Earning Rs.20 LPA? Here's which regime saves you over Rs.1 lakh

New Delhi, July 1 -- The higher tax relief announced in Budget 2025 has made the new tax regime the preferred option for many salaried taxpayers. While lower tax rates and a higher standard deduction ... Read More


NRI selling investments? Here's how you can save capital gains tax

New Delhi, July 1 -- For many non-resident Indians (NRIs), selling Indian investments can trigger long-term capital gains (LTCG) tax. But the new Income Tax Act, 2025 offers a way to defer or even eli... Read More