Insights
Short notes on filing deadlines, procedural changes and cross-border questions that come up often.
New vs Old Tax Regime in FY 2026-27: Which One Saves You More?
Compare the new and old income tax regimes for tax year 2026-27: slabs, the ₹12 lakh rebate, the ₹75,000 standard deduction, which deductions survive, when you…
Which ITR Form Applies to You? Salary, Business, Capital Gains and NRI Cases
A simple guide to choosing the right income tax return form: who can file ITR-1 (Sahaj), ITR-2, ITR-3 and ITR-4 (Sugam), with cases for salary, capital…
ITR Due Dates and the Compliance Calendar for 2026-27
Missed the ITR deadline? File a belated return by 31 December 2026 or revise by 31 March 2027. Late fees, interest, advance tax dates and the…
Capital Gains on Shares, Mutual Funds and Property: Rates and Holding Periods
Current capital gains tax rates in India: 20% STCG and 12.5% LTCG on shares above ₹1.25 lakh, property without indexation, debt funds at slab rates, the…
Revised and Updated Returns: How to Correct a Filed ITR
Made a mistake in your income tax return? The revised return window is now 12 months (till 31 March 2027 for AY 2026-27). When to revise,…
Tax on Salary: HRA, Standard Deduction, Perquisites and Form 16
How salary is taxed in tax year 2026-27: ₹75,000 standard deduction, HRA exemption with 50% now for 8 cities, LTA, perquisites, gratuity and leave encashment limits,…
Advance Tax: Who Must Pay, Due Dates and Interest
Advance tax under the Income-tax Act, 2025: who must pay, the 15%/45%/75%/100% instalments, the 15 December 2026 deadline, exemptions for senior citizens, presumptive taxpayers and capital…
Tax-Saving Checklist: Deductions Still Available Under the Old Regime
A complete checklist of tax deductions for FY 2026-27: 80C (now section 123) up to ₹1.5 lakh, 80D health insurance, NPS ₹50,000, home loan interest, education…
Taxation of Freelancers and Professionals: Presumptive Scheme and More
How freelancers and professionals are taxed in India: the 50% presumptive scheme (old 44ADA, now section 58) up to ₹75 lakh, deductible expenses, GST registration and…
Crypto and VDA Taxation in India
How cryptocurrency and NFTs (virtual digital assets) are taxed in India: flat 30% tax on gains, 1% TDS on transfers, no set-off of losses, gifts, staking…
Setting Up a Company in the UAE: Mainland vs Free Zone
Mainland or free zone? How Indians can set up a UAE company in 2026: 100% foreign ownership, licence types, the process, corporate tax impact and the…
Indian Founder with a UAE Company: Place of Effective Management and the Tax Traps
Is your UAE company's income taxable in India? POEM (place of effective management), the ₹50 crore threshold, ODI rules under FEMA, round-tripping limits and how Indian…