Navigating Clause 263–389 The Indian tax system continues its shift towards digitization and transparency with Faceless Assessments 2.0, proposed in Clause 263 to 389 of the New..
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Corporate Tax Rates FY 2025–26: Is Section 115BAA Still the Best Bet?
India’s corporate tax regime has undergone major reforms in the past few years. Among them, Section 115BAA offered domestic companies a lower tax rate with no exemptions—a..
Budget 2025: New Income-Tax Bill vs. Old Act — What Founders Must Know
India’s Budget 2025 proposes a new Income-Tax Bill to replace the Income Tax Act, 1961. For startup founders, this isn’t just legislative news—it’s a blueprint that..
Advance Tax Payment: Who Should Pay and How?
Advance tax is also known as the “pay-as-you-earn” scheme. Instead of paying all your taxes at the end of the year, you are required to estimate..
How to Pay Self-Assessment Tax Online in India
Self-assessment tax is an important step in the income tax filing process. If after calculating your total income and TDS, you find that you still owe..
Top Deductions Under Chapter VI-A to Save Tax in 2025
One of the easiest and most effective ways to reduce your tax liability is by claiming deductions under Chapter VI-A of the Income Tax Act, 1961…
How to File ITR for Capital Gains on Stocks and Mutual Funds in 2025
Capital gains are one of the most common sources of income for Indian taxpayers today, especially with the growing trend of stock and mutual fund investments…
Which ITR Form Should Salaried Employees Use in 2025?
Filing an income tax return (ITR) correctly depends heavily on choosing the right form. Many salaried employees are confused about which ITR form they should select..
What is Form 26AS? Why It’s Important Before Filing ITR
Introduction Before filing your Income Tax Return (ITR), it is essential to verify your tax details using Form 26AS. Form 26AS summarizes the taxes deducted, collected,..
Difference Between Form 26AS, AIS, and TIS
Form 26AS, AIS (Annual Information Statement), and TIS (Taxpayer Information Summary) are key tools introduced by the Income Tax Department to increase tax transparency and improve..