new tax regime

A nuanced understanding of the various ITR forms for FY 2025–26 is essential for globally mobile professionals, domestic salaried taxpayers, and individual investors

Higher EPF, changing tax breaks, and unclear timelines — this appraisal season is anything but routine. Here’s how to read the fine print before you sign.

At its core, gratuity continues to be a statutory payment made by an employer when the employee exits after meeting certain conditions. In most cases, employees need to complete five years of continuous service with the same employer to become eligible.

Salaried taxpayers claiming House Rent Allowance (HRA) will face stricter disclosure norms from April 1, 2026, with the introduction of Form 124. Under this new format, employees are required to declare their relationship with the landlord to curb bogus claims within families. Genuine rental arrangements with relatives remain valid if supported by proper documentation and income declaration.

Refusing to entertain the plea, the first bench of Chief Justice Sushrut Arvind Dharmadhikari and Justice G Arul Murugan dismissed the plea filed by M P Venkatesh, a voter from Perambur constituency.

In a significant move for Bihar's youth, Chief Minister Samrat Choudhary has unveiled a cutting-edge technology centre in Bihta, along with four new extension centres. This initiative, in collaboration with the Union MSME ministry, is set to empower aspiring entrepreneurs through specialized training in areas such as quality control, packaging, and marketing.

From May 1, India’s online gaming sector enters a new regime: money-based games are prohibited, while e-sports and social gaming face tighter oversight. A central regulator, payment curbs and compliance rules aim to end years of legal ambiguity

The Delhi High Court examined the impugned order and the reasons furnished by the petitioner and found no merit in the challenge. The Court specifically rejected the submissions that the petitioner’s lack of awareness of tax laws or his alleged illiteracy could justify the delay. It held that such a plea was not tenable in law.

Women are actively investing in India, moving beyond traditional savings. While participation in mutual funds and equities is rising, independent control over financial decisions, particularly tax planning, is still developing. Younger women show greater comfort with digital platforms and goal-based investing. This shift signifies a growing financial awareness and engagement across the nation.

JP Morgan CEO Jamie Dimon warned that New York City's rising taxes and regulatory pressures are impacting its competitiveness. He highlighted the city's high corporate and individual income taxes, noting an exodus of people and jobs from high-tax states. Dimon emphasized the need for cities to remain competitive in the global financial landscape.

Several changes are expected to reduce the tax burden for the salaried class in general. We take a look at top 10 things salaried taxpayers should know going into the new financial year 2026-27:

India's push for 'Jan Vishwas' faces a stark contradiction as authorities increasingly use stringent NDPS and BNS laws against licensed pharmaceutical stockists. Despite clear regulations under the Drugs and Cosmetics Act, businesses dealing in common cough syrups are being prosecuted, blurring lines between regulation and criminality. This trend risks eroding trust and undermining the rule of law.

Gujarat, like Uttarakhand, is trying to radically change the relationship between law & family. But, results may end up looking quite different. Neither what proponents intend, nor what opponents fear

FTC allows individual taxpayers to claim a credit in India for taxes paid in a foreign jurisdiction on the same income, thereby reducing the tax payable in India.

AIADMK released its Tamil Nadu Assembly election manifesto, promising Rs 2,000 monthly assistance for female heads of households and Rs 10,000 for every family. The manifesto also includes promises of free refrigerators, extended bus travel for men, and three free cooking gas cylinders annually for ration cardholders.

The company turning 50 on April 1 isn't really one company. It's five—stitched together by a logo, a stubbornness about design, and the world's most expensive refusal to die.

India currently offers two parallel tax systems for individuals - Old Personal Tax Regime and New Personal Tax Regime. While the new regime is now the default option, the choice remains with the taxpayer.

Nowruz, the ancient Persian festival celebrating the vernal equinox, arrives on March 20, 2026, amidst geopolitical turmoil. Despite historical attempts to suppress it, from Arab conquests to the Islamic Republic, the festival endures, symbolizing resilience and cultural identity. Families worldwide observe its traditions, a testament to its deep roots and enduring spirit.