Clipped from: https://www.businesstoday.in/personal-finance/tax/story/bt-explainer-tds-tcs-shake-up-decoding-new-tax-rates-codes-and-compliance-rules-525983-2026-04-16 From April 1, 2026, the TDS/TCS regime will see a major overhaul under the new Income Tax Act, with renumbered sections and simplified
Day: April 16, 2026
BT explainer: TDS, TCS shake up Decoding new tax rates, codes and compliance rules – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/bt-explainer-tds-tcs-shake-up-decoding-new-tax-rates-codes-and-compliance-rules-525983-2026-04-16 From April 1, 2026, the TDS/TCS regime will see a major overhaul under the new Income Tax Act, with renumbered sections and simplified
*Finance Act 2026: What the latest amendments mean for you as taxpayer, investor – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/finance-act-2026-what-the-latest-amendments-mean-for-you-as-taxpayer-investor-525805-2026-04-15 The Finance Act, 2026 brings a series of targeted changes that directly impact how you are taxed, invest, and respond to compliance requirements.
*Man gifts a house to father to save Rs 2.63 crore in capital gains tax; I-T Dept flags ‘timing and intent’ – ITAT steps in – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/man-gifts-a-house-to-father-income-tax-dept-questions-timing-and-intent-itat-flags-these-lapses-4209053/ The ITAT denied a taxpayer’s Rs 2.63 crore exemption under Section 54F after finding that a property gifted to his father just days
Living Will to go digital in Maharashtra: What it means for your estate & succession plan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/living-will-to-go-digital-in-maharashtra-what-it-means-for-your-estate-succession-plan/articleshow/130258187.cms Maharashtra is set to become India’s first state to maintain digital records of living Wills. A government resolution (GR) stated that a portal is now
*Property partition after owner’s death: A guide for legal heirs to divide assets – The Economic Times
lipped from: https://economictimes.indiatimes.com/wealth/legal/will/property-partition-after-owners-death-a-guide-for-legal-heirs-to-divide-assets/articleshow/130260330.cms Dividing up a property means legally splitting jointly owned property among co-owners or legal heirs, turning joint occupancy into individual shares. Now you can either