Month: April 2026
Reforms in India: From ease of doing business to ease of trusting systems | Economy & Policy Analysis – Business Standard
lipped from: https://www.business-standard.com/opinion/columns/reforms-in-india-from-ease-of-doing-business-to-ease-of-trusting-systems-126041100210_1.html Trust is no longer just a matter of perception; it is a hard economic and governance variable India’s reform journey over the past
UPI users resist fees, 75% say they will quit if charged: Report | Industry News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/upi-users-resist-fees-75-say-they-will-quit-if-charged-report-126041100551_1.html A decade after its launch, India’s flagship payments system faced a moment of pushback, with users signalling they would abandon UPI if charges
Your Queries on Income Tax: Use advance tax calculator on I-T portal to find tax payable – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/your-queries-on-income-tax-use-advance-tax-calculator-on-i-t-portal-to-find-tax-payable-4203103/ Use advance tax calculator on I-T portal to find tax payable Your Tax Queries Answered: Avoiding Advance Tax Penalties and Maximizing Joint Loan
DA-DR discrimination between employees and pensioners: Supreme Court’s big ruling — here’s what it means for retirees – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/da-dr-discrimination-between-employees-and-pensioners-supreme-courts-big-ruling-heres-what-it-means-for-retirees-4203557/ In a significant ruling, the Supreme Court held that pensioners cannot be given lower dearness relief than employees’ dearness allowance, stating that inflation
You are a US citizen and inherited property in India; here’s what you have to do next
1/8 US citizen inheriting Indian property or FDs? Here’s what you actually need to know Millions of NRIs and overseas citizens face this situation —
*New TDS TRACES 2.0 portal launched by Income Tax Department; know how it helps taxpayers & property buyers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/new-tds-traces-2-0-portal-launched-by-income-tax-department-know-how-it-helps-taxpayers-property-buyers/articleshow/130170195.cms Last week, the Income Tax Department rolled out a new TRACES (TDS Reconciliation Analysis and Correction Enabling System) 2.0 portal. This upgraded TRACES 2.0 portal
Instagram rolls out stricter restrictions for teenagers in India: Details | Tech News – Business Standard
Clipped from: https://www.business-standard.com/technology/tech-news/instagram-stricter-restrictions-teenagers-policy-in-india-126041000581_1.html Meta has introduced stricter controls for teen users in India, with new content filters and parental settings on Instagram Instagram expands teen accounts
Can lending money to your spouse, instead of gifting, help you avoid income clubbing under Section 64? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/can-lending-money-to-your-spouse-instead-of-gifting-help-you-avoid-income-clubbing-under-section-64-524884-2026-04-09 Lending money to your spouse instead of gifting may help you avoid income clubbing under Section 64 — but only when the transaction
*ITR forms updated for AY 2025 26: ITR 1, ITR 4 now allow reporting of two properties – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-forms-updated-for-ay-2025-26-itr-1-itr-4-now-allow-reporting-of-two-properties-525138-2026-04-10 A key change this year expands eligibility, allowing taxpayers to report income from up to two house properties in ITR-1 and ITR-4. Earlier,
Executing a Will: What families must get right in controlling assets | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/executing-a-will-what-families-must-get-right-in-controlling-assets-126041000708_1.html Legal experts say establishing strict procedural control over an estate is the most vital step for executors to avoid personal liability and family
*Meal card tax benefit: Do you get it under the new tax regime? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/meal-card-tax-benefit-do-you-get-it-under-the-new-tax-regime/articleshow/130013775.cms The Income-Tax Rules, 2026, effective April 1, have raised the tax-free limit for employer-provided meal vouchers/ cards (Sodexo/Pluxee/Zaggle, etc) from Rs 50 to Rs
*Will new TDS rules change your take-home salary from April 1, 2026? Key income tax-related changes in new financial year (FY26-27) – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/will-new-tds-rules-change-your-take-home-salary-from-april-12026-key-income-tax-related-changes-in-new-financial-year-fy26-27/articleshow/129951901.cms As the new financial year (FY 26-27) begins, salaried employees should note that some changes in Tax Deducted at Source (TDS) rules have
*ITR changes from April 2026: 5 key updates for Tax Year 2026–27 explained – The Economic Times
lipped from: https://economictimes.indiatimes.com/wealth/tax/itr-changes-from-april-2026-5-key-updates-for-tax-year-202627-explained/articleshow/130014656.cms Starting April 1, 2026, the Income Tax Act, 2025 and Income Tax Rules, 2026 apply to all taxpayers. But, with these new regulations, there are
*Six big TDS & TCS changes for Tax Year 2026-27: From TDS on NRI property to TCS on overseas remittance for education, know all that has changed – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/six-big-tds-tcs-changes-for-tax-year-2026-27-from-tds-on-nri-property-to-tcs-on-overseas-remittance-for-education-know-all-that-has-changed/articleshow/130081487.cms The Finance Bill, 2026 that was approved by Parliament a few weeks ago introduced several changes relating to Tax Collected at Source (TCS)
NRI gets tax notice for transferring foreign salary to India — here’s what ITAT ruled – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/nri-gets-tax-notice-for-transferring-foreign-salary-to-india-heres-what-itat-ruled-4202500/ The income tax Assessing Officer argued that since the salary of NRI landed in an NRE account in India, it was taxable in
*New ITR forms for AY 2026-27: NRIs opting for new presumptive income scheme have to make this separate disclosure additionally – The Economic Times
clipped from: https://economictimes.indiatimes.com/wealth/tax/new-itr-forms-for-ay-2026-27-nris-opting-for-new-presumptive-income-scheme-have-to-make-this-separate-disclosure-additionally/articleshow/130161969.cms The updated income tax return (ITR) forms for AY 2026-27 now feature specific columns for reporting profits and gains from businesses that fall
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