Category: May Look At Leisurely

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,

Clipped from: https://economictimes.indiatimes.com/wealth/tax/can-i-gift-large-sum-to-my-senior-citizen-parent-and-open-a-joint-bank-account-with-them-to-earn-interest-without-tax/articleshow/127877663.cms Listen to this article in summarized format These are a set of queries raised by ET Wealth readers, which have been answered by

Clipped from: https://economictimes.indiatimes.com/wealth/tax/relaxation-in-jail-term-on-itr-filing-offence-in-budget-2026-pay-fine-or-2-years-jail-instead-of-7-years-if-itr-not-filed-and-tax-is-above-rs-50-lakh/articleshow/127880365.cms Listen to this article in summarized format has introduced a significant change by rationalising the income tax penalty and prosecution rules. O.P Yadav, former commissioner

This year, we also have two critical data announcements—a complete overhaul of the Consumer Price Index (CPI) and gross domestic product (GDP) series. Set against

Clipped from: https://www.financialexpress.com/business/airlines-aviation-new-baggage-rules-2026-duty-free-baggage-limit-raised-to-rs-75000-for-indian-travellersnbsp-key-changes-here-4129217/ India’s new Baggage Rules, 2026 make international travel easier for passengers, raising duty-free allowances to Rs 75,000 for residents and tourists of Indian

Clipped from: https://www.financialexpress.com/money/tax-buoyancy-lowest-since-covid-4127896/ At Rs 44.04 lakh crore, gross tax revenue target modest; strategic sectors get customs duty relief India’s Budget 2026-27 projects gross tax revenue

Clipped from: https://www.financialexpress.com/money/itr-filing-deadline-changed-your-itr-form-now-decides-when-you-must-file-returns-4128198/ For millions of taxpayers, Budget 2026-27 has quietly changed how and when income tax returns (ITRs) must be filed. While there was no change in

Clipped from: https://www.financialexpress.com/money/budget-2026-tightens-itr-filing-rules-correcting-old-tax-mistakes-will-cost-you-up-to-70-extra-4129220/ After Budget 2026, correcting past income tax mistakes has become significantly more expensive. Under the updated return (ITR-U) framework introduced through the Finance

Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/sold-farm-land-for-rs-5-crore-buys-new-land-in-wifes-name-paid-no-capital-gains-tax-gets-tax-notice-why-itat-delhi-denied-tax-exemption/articleshow/127819618.cms Listen to this article in summarized format On January 21, 2026, the Income Tax Appellate Tribunal (ITAT Delhi) rejected a husband’s request for