Income Tax
Priyanka Wadhera•11 Feb 2023
Know how Gifts to NRI is Taxable
Understand when gifts to NRIs are taxable in India under Section 56(2)(x), exempt categories, FEMA rules, and reporting obligations for FY 2026-27.
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Income Tax
Priyanka Wadhera•11 Feb 2023
AMENDMENT IN SECTION 44AD & 44ADA
Section 44AD and 44ADA amendments for FY 2026-27: ₹3 crore and ₹75 lakh thresholds, 5% cash cap, audit triggers, and presumptive tax planning.
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Income Tax
Priyanka Wadhera•5 Feb 2023
Old Tax Regime or New Tax Regime? Which one is Beneficial
Compare old vs new tax regime for FY 2026-27: slabs, deductions, Section 87A rebate up to ₹7L, ₹75K standard deduction, and how to choose the right one.
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Income Tax
Priyanka Wadhera•5 Feb 2023
Deductions under section 80GG
Section 80GG deduction for rent paid without HRA: eligibility, ₹60,000 cap, Form 10BA filing, and worked example for FY 2026-27 old tax regime.
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Goods & Service Tax (GST)
Mayank Wadhera•4 Feb 2023
Simplified GST Changes in Union Budget 2023
GST simplification journey from Budget 2023 to FY 2026-27: decriminalisation, e-commerce composition, ITC reforms, GSTAT, and return filing time limits.
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Income Tax
Priyanka Wadhera•4 Feb 2023
HIGHLIGHTS OF BUDGET 2023
Union Budget 2026 highlights: new tax regime slabs, MSME measures, capital expenditure push, EV duty extension, and Saptarishi priorities for FY 2026-27.
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Income Tax
Priyanka Wadhera•3 Feb 2023
Want to save on taxes? Learn how to claim deductions on your National Savings Certificate (VIII)
Claim Section 80C deduction on National Savings Certificate VIII Issue up to ₹1.5 lakh per year. Interest taxation, reinvestment benefit, and ITR reporting explained.
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Income Tax
Priyanka Wadhera•3 Feb 2023
Want to save for the future? Learn how to claim tax deductions on your National Savings Monthly Income Scheme
Tax rules on Post Office Monthly Income Scheme (POMIS) for FY 2026-27: no 80C, fully taxable interest, Section 80TTB for seniors, and reporting in ITR.
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Income Tax
Priyanka Wadhera•3 Feb 2023
Want to save on taxes? Learn how to claim deductions on your Monthly Income Scheme
Tax rules on Monthly Income Schemes for FY 2026-27: POMIS, bank MIS, and mutual fund MIPs. TDS, 80TTB, and ITR reporting explained for investors.
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Income Tax
Priyanka Wadhera•3 Feb 2023
Want to save on taxes? Learn how to claim deductions on your Senior Citizen Savings Scheme
Senior Citizen Savings Scheme tax benefits FY 2026-27: Section 80C up to ₹1.5L, ₹30L deposit cap, 80TTB on interest, quarterly payouts and ITR reporting.
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Income Tax
Priyanka Wadhera•3 Feb 2023
Have a girl child? Learn how to claim tax deductions on your Sukanya Samriddhi Yojana contributions
Sukanya Samriddhi Yojana tax benefits: Section 80C deduction up to ₹1.5 lakh, tax-free interest, EEE status, and rules for the girl child savings scheme.
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Income Tax
Priyanka Wadhera•3 Feb 2023
Want to save for your retirement? Learn how to claim tax deductions on your Monthly Income Scheme
Retirement Monthly Income Scheme tax planning FY 2026-27: SCSS 80C, POMIS interest, 80TTB for seniors, and how to build a tax-efficient retirement portfolio.
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Income Tax
Priyanka Wadhera•3 Feb 2023
Want to save for the future? Learn how to claim tax deductions on your National Savings Recurring Deposit
Post Office Recurring Deposit tax rules FY 2026-27: no Section 80C, interest taxable, 80TTB for seniors, and how it compares with PPF and ELSS.
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Income Tax
Priyanka Wadhera•3 Feb 2023
Want to save on taxes? Learn how to claim deductions on your National Savings Time Deposit
Post Office Time Deposit tax rules FY 2026-27: 80C deduction only on 5-year tenure, interest taxable, 80TTB for seniors. Choose the right TD tenure.
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Income Tax
Priyanka Wadhera•3 Feb 2023
Want to save for retirement? Learn how to claim tax deductions on your National Pension System contributions
National Pension System tax benefits FY 2026-27: Section 80CCD(1), 80CCD(1B) extra ₹50K, 80CCD(2) employer contribution available under both regimes.
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Income Tax
Priyanka Wadhera•3 Feb 2023
Are you a farmer? Learn how to claim tax deductions on your Kisan Vikas Patra contributions
Kisan Vikas Patra tax rules FY 2026-27: no Section 80C deduction, interest taxable annually on accrual, no TDS, 80TTB nuances, and reporting in ITR.
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Income Tax
Priyanka Wadhera•3 Feb 2023
Want to save on taxes? Learn how to claim deductions on your National Savings Certificate
National Savings Certificate tax benefits FY 2026-27: Section 80C up to ₹1.5L, reinvestment of interest, 5-year tenure, and ITR reporting explained.
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Income Tax
Priyanka Wadhera•3 Feb 2023
Want to save for your child's education? Learn how to claim tax deductions on Equity-linked Savings Scheme
ELSS for child's education FY 2026-27: Section 80C deduction up to ₹1.5L, 3-year lock-in, equity returns, post-2024 LTCG tax, and SIP strategy.
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Income Tax
Priyanka Wadhera•3 Feb 2023
Have a girl child? Learn how to claim tax deductions on Sukanya Samriddhi Yojana contributions
Sukanya Samriddhi Yojana tax benefits: Section 80C deduction up to ₹1.5 lakh, tax-free interest and maturity under Section 10(11A), full EEE status.
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Income Tax
Priyanka Wadhera•3 Feb 2023
Are you a senior citizen? Learn how to claim tax deductions on your Senior Citizen Savings Scheme
Senior Citizen Savings Scheme FY 2026-27: Section 80C up to ₹1.5L, 80TTB on interest up to ₹50K, ₹30L deposit cap, quarterly payouts for seniors.
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Licenses And Certifications
Priyanka Wadhera•3 Feb 2023
Want to save on taxes? Learn how to claim deductions on your Public Provident Fund contributions
Public Provident Fund tax benefits FY 2026-27: Section 80C up to ₹1.5L, tax-free interest under 10(11), 15-year EEE compounding, and ITR reporting.
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Income Tax
Priyanka Wadhera•3 Feb 2023
tax deductions National Pension System
National Pension System tax benefits FY 2026-27: Section 80CCD(1), extra ₹50K under 80CCD(1B), 80CCD(2) employer contribution under both tax regimes.
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Income Tax
Priyanka Wadhera•30 Jan 2023
ANNUAL INFORMATION SYSTEM
Understand the Annual Information Statement for FY 2026-27, how to reconcile it with Form 26AS, raise feedback and avoid notices when filing your ITR.
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Income Tax
Priyanka Wadhera•28 Jan 2023
ALL ABOUT CAPITAL GAINS AND THEIR DEDUCTIONS
Understand short-term and long-term capital gains in FY 2026-27, applicable tax rates, sections 54, 54F and 54EC exemptions, set-off rules and ITR reporting.
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Income Tax
Priyanka Wadhera•28 Jan 2023
SECTION 80CCC
Section 80CCC explained for FY 2026-27 — eligible pension plans, ₹1.5 lakh aggregate limit with 80C and 80CCD, taxability of annuity and regime choice.
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Income Tax
Priyanka Wadhera•26 Jan 2023
Importance of Linking PAN and Aadhar Number
Link your PAN with Aadhaar in FY 2026-27 to avoid an inoperative PAN, higher TDS, blocked refunds and rejected investment transactions across banks and mutual funds.
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Income Tax
Priyanka Wadhera•23 Jan 2023
Faceless Income Tax Assessment Scheme
Practical 2026 guide to the Faceless Income Tax Assessment Scheme — architecture, stages, taxpayer rights, response strategy and common pitfalls.
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Income Tax
Priyanka Wadhera•23 Jan 2023
Importance of Form 12BB
Form 12BB explained for FY 2026-27 — what to declare to your employer for HRA, LTA, home loan and chapter VI-A deductions and how it affects monthly TDS.
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Income Tax
Priyanka Wadhera•22 Jan 2023
Leave Encashment: Meaning, Taxability and Exemption
Leave encashment taxability in 2026 — during service, on resignation and on retirement, section 10(10AA) exemption up to ₹25 lakh and aggregate limits across employers.
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Startup And Fundraising
Mayank Wadhera•22 Jan 2023
Tax Benefits of Startup India
Section 56 angel tax for DPIIT startups in FY 2026-27 — how the exemption works, AIF carve-outs, valuation rules and the paperwork to keep fundraising clean.
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