Category : GST & Taxation


Budget 2026 Ends Tax-Free Status for Secondary SGB Buyers

Union Budget 2026 proposes key amendments to Sovereign Gold Bonds taxation, restricting capital gains exemptions to original subscribers only. Secondary market buyers will now face taxes, while other investment-related changes bring clarity to employer co

Cigarette Prices Jump with New Taxes, Internet Reacts

Smokers face sticker shock as cigarettes and tobacco products become more expensive following fresh tax changes effective February 1. The government has imposed additional excise duties and a health cess, sparking widespread reactions online.

Cigarette Prices Rise After New Excise Duty in India

Cigarette prices in India have increased significantly following the implementation of new excise duties, with premium packs now costing Rs 50-55 more. The tax overhaul aims to align with global health norms.

Budget 2026-27: Tax Tweaks for Individuals

The Union Budget 2026-27 introduces several key measures impacting individual taxpayers, including STT hikes, TCS relief, compliance easing, and a foreign asset disclosure scheme.

Budget 2026: Income Tax Slabs Remain Unchanged

Union Budget 2026 maintains existing income tax slabs. Detailed comparison of new vs old tax regimes for FY 2026-27, including rates, benefits, and which regime suits different income levels.

Budget 2026-27: NRI Property & Equity Rules Simplified

Union Budget 2026-27 introduces key reforms for NRIs and overseas individuals, simplifying property transaction compliance and expanding direct investment in Indian equity markets through enhanced Portfolio Investment Scheme limits.

Budget 2026 Simplifies TDS for NRI Property Purchase

Union Budget 2026 introduces major simplification for resident Indians buying property from NRIs. Finance Minister Nirmala Sitharaman proposes allowing TDS payment through resident PAN, eliminating complex TAN requirement.

Budget 2026: Buyback Tax Shift to Capital Gains

Union Finance Minister Nirmala Sitharaman's Budget 2026 proposes taxing share buyback proceeds as capital gains instead of dividends, aiming to curb tax arbitrage and ensure fairness in corporate profit distribution.

Budget 2026-27 Eases TCS on Overseas Remittances

Union Budget 2026-27 reduces Tax Collected at Source rates for education, medical treatment abroad, and overseas tour packages under RBI's LRS scheme, providing relief amid rupee depreciation.

Budget 2026: No Increase in Section 87A Tax Rebate

Union Budget 2026 keeps Section 87A tax rebate unchanged at Rs 60,000 for income up to Rs 12 lakh, disappointing taxpayers. Eligibility remains limited to resident individuals, excluding HUFs, NRIs, and certain income types.

Budget 2026: New Income Tax Act From April, No Slab Changes

Finance Minister Nirmala Sitharaman confirms India's new Income Tax Act takes effect April 1, 2026. Budget keeps slabs unchanged but introduces compliance reset, TCS norms, share buyback taxation changes, and special disclosure scheme.

New Income Tax Law Effective from April 1: FM

India's updated income tax legislation officially commenced on April 1, with the Finance Minister outlining significant changes and compliance requirements for taxpayers nationwide.

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