Author: Anil R Tikotekar

Clipped from: https://economictimes.indiatimes.com/wealth/tax/pay-reduced-tax-at-39-rate-on-unexplained-income-compared-to-78-earlier-with-close-eye-on-penalty-budget-2026-announcement/articleshow/127991258.cms ET OnlineAI generated representative image According to the Income Tax Act, 1961 (Old Act), the Income Tax Act, 2025 (New Act), and the Finance Bill 2026, there is

Clipped from: https://www.financialexpress.com/business/news/in-our-push-to-manufacturing-led-growth-small-and-medium-units-wont-be-left-behind-fm/4131602/ Budget is realistic, agnostic to India-US trade deal, says Nirmala Sitharaman ‘In our push to manufacturing-led growth, small and medium units won’t be

Clipped from: https://www.financialexpress.com/money/86-taxpayers-shifted-to-new-regime-qampa-with-cbdt-chairman-ravi-agrawal-4131649/ The stronger FY27 projection reflects the full-year impact of last year’s rate rationalisation, including benefits under the new tax regime CBDT Chairman Ravi

Clipped from: https://www.financialexpress.com/business/news/reforms-to-continue-beyond-budget-fm-nirmala-sitharaman/4131461/?ref=hometop_hp Sitharaman to visit Norway and Canada soon for outreach. Reforms to continue beyond Budget: FM Nirmala Sitharaman. (Image: PTI) The Budget 2026-27 would

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/budget-2026-changes-tds-tcs-rates-across-sectors-who-pays-more-who-gets-relief-514287-2026-02-02 The Union Budget 2026–27 has proposed a calibrated reset of TDS and TCS rates across key sectors. While levies on alcohol, scrap and

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/tcs-revision-tax-tweaks-in-union-budget-2026-and-how-would-that-affect-salaried-taxpayers-514464-2026-02-03 From retaining effective tax relief for middle-income earners to extending timelines for revised returns, rationalising Tax Collected at Source (TCS), and granting relief

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/budget-2026-tax-rules-kicking-in-from-april-1-under-new-compliance-framework-what-taxpayers-should-note-514572-2026-02-04 Tax experts say the new rules will significantly influence how taxpayers file returns, disclose income, manage penalties and prosecutions, comply with TDS provisions

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/budget-2026-fine-tunes-gst-and-customs-rules-to-back-exports-manufacturing-key-details-here-514587-2026-02-04 While focus stayed on direct taxes, experts said the customs and excise proposals signal a push to ease trade, boost certainty and align

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/taxpayers-to-get-simplified-income-tax-regime-from-april-1-as-budget-proposals-new-i-t-act-come-into-play-514641-2026-02-04 CBDT Chairman says 88% ITR filers moved to new income tax regime in AY 2025-26, expect more to join  In Assessment Year (AY)

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/cbdt-to-roll-out-new-i-t-forms-rules-and-faqs-clarity-on-what-might-remain-changed-from-april-1-514653-2026-02-04 The government has clarified that income earned in FY 2025–26 will continue to be governed by the existing Income-tax Act, 1961, even though

Clipped from: https://www.business-standard.com/technology/tech-news/gemini-could-soon-book-rides-place-orders-on-your-android-phone-report-126020400899_1.html Google is reportedly developing a screen automation feature that lets Gemini perform tasks in Android apps, with early details pointing to limited app

Clipped from: https://www.business-standard.com/finance/news/lenders-ask-rbi-to-relax-liquidity-rules-amid-growing-loan-demand-126020400894_1.html Lenders are seeking permission to free up some of the cash they have to park with the Reserve Bank of India for short-term

Clipped from: https://www.business-standard.com/finance/news/lenders-ask-rbi-to-relax-liquidity-rules-amid-growing-loan-demand-126020400894_1.html Lenders are seeking permission to free up some of the cash they have to park with the Reserve Bank of India for short-term

Clipped from: https://www.financialexpress.com/opinion/a-breakthrough-moment/4130299/ India and the US seal a major trade breakthrough, cutting tariffs on Indian exports and boosting competitiveness. While exporters gain a clear edge,