Learn all about Tax
How Capital Gains Tax Differs from Income Tax
March 13, 2026 | 7 mins read
India's tax system includes different kinds of levies, two of which are income tax and capital gains tax. Income tax is levied on incomes like salaries, business profits, and rent, according to a slab system that is progressive. In contrast, capital gains tax is levied on gains made on the sale of capital assets like property, stocks, or mutual funds. These two taxes not only vary in the source of their income but also in calculation and rates applicable to them.
Rent relief ahead? how 50% HRA deduction could change tax for you
March 11, 2026 | 5 mins read
The government has released draft Income tax Rules 2026 proposing a major change in how House Rent Allowance (HRA) exemption is calculated for salaried taxpayers in select cities. The rules add Bengaluru, Hyderabad, Pune and Ahmedabad into the list of metro cities for HRA purposes. This will make those earning HRA in these cities eligible for the higher 50% exemption limit under the old tax regime.
Freelancer’s Guide to Filing Income Tax Returns in India
March 11, 2026 | 7 mins read
Freelancing in India has witnessed significant growth in recent years. With increased access to digital platforms and remote opportunities, many professionals have started freelancing as a full-time or part-time source of income.
What is Advance Tax?, Meaning, eligibility, process, due dates, and steps to calculate & more
March 2, 2026 | 8 mins read
Out of the various types of income tax payments in India, the three major ones are Tax Deducted at Source (TDS), advance tax, and self-assessment tax. TDS refers to the tax withheld or deducted by the payer at the time of making a payment. Advance tax involves paying income tax in advance in installments, if applicable. After adjusting TDS and advance tax, any remaining tax payable is paid as self-assessment tax. This article focuses on advance tax payments in India.
Tax Filing Rules: Should You File Returns If Your Income Is Under the Exemption Limit?
January 16, 2026 | 6 mins read
Filing income tax returns (ITR) is generally associated with those who earn above the taxable income limit set by the government. However, many individuals who fall below the exemption threshold may still benefit from filing a tax return. While it may not be mandatory in many cases, filing a tax return voluntarily can offer financial and legal advantages.
Types of ITR forms available to Indian taxpayers
January 16, 2026 | 4 mins read
From visa applications to bank loans and beyond, the Income Tax Return (ITR) plays a vital role in various aspects of financial life. While its uses may be diverse, its primary significance lies in taxation. This article explores the meaning of ITR, the types of ITR forms available and the steps to file an ITR online.
RBI MPC Meet: GDP, Inflation, Liquidity & Global Risks; key factors that may influence repo rate
December 4, 2025 | 5 mins read
Since the last Monetary Policy Committee (MPC) meeting in October, India’s macro story has flipped from an inflation problem to a ‘too low inflation’ scenario. Even GDP growth for Q2 FY26 has surprised many with fastest jump in six quarters to 8.2%. The CPI also crashed to a record low 0.25% in October.
Section 80EEB Explained: Tax Benefits for Your Electric Vehicle Loan
November 12, 2025 | 7 mins read
Electric vehicles (EVs) have emerged as a practical and environmentally responsible alternative to traditional petrol and diesel vehicles. As fuel prices remain unpredictable and environmental concerns increase, more individuals are considering EVs not just as a luxury but as a necessary switch for the future.
What is Section 2 (1A) in Income Tax?
November 4, 2025 | 7 mins read
Agriculture remains an essential activity across India, and the government recognizes its importance by offering relief under the Income Tax Act.
Calculating STCG Tax Under Section 111A
November 4, 2025 | 6 mins read
If you’ve recently sold shares or equity mutual fund units and incurred a tax on your profits, you may be dealing with Short-Term Capital Gains (STCG).
What is Section 10 of Income Tax?
November 4, 2025 | 7 mins read
If you are looking to reduce your income tax liability legally, understanding Section 10 of the Income Tax Act is essential. This section lists several types of incomes that are either partially or fully exempt from tax.
Smart Ways to Reduce Income Tax: Hindu Undivided Family (HUF)
October 7, 2025 | 8 mins read
Understanding ways to reduce your income tax liability holds great importance, particularly due to India’s evolving tax rules. One option that often attracts attention for its potential advantages is the Hindu Undivided Family (HUF).
What Makes Filing Tax Returns Important?
September 26, 2025 | 5 mins read
Filing income tax returns (ITR) may seem like a routine annual task, but its significance goes far beyond legal compliance. Whether you're a salaried employee, business owner, freelancer, or investor, understanding the importance of income tax filing is essential for long-term financial wellbeing and legal transparency.
Why Paying Your Taxes Matters for the Country and You
September 24, 2025 | 6 mins read
Every year, millions of Indians contribute to the nation’s growth not only through their work and businesses but also by fulfilling the crucial civic responsibility of paying their taxes. Whether you are a salaried individual, self-employed professional, or run a business, you are liable to pay government taxes if your income exceeds the prescribed threshold.
New GST Updates 2025: Key Tax Reforms, Sector-Wise Impact, and Why It Matters
September 18, 2025 | 14 mins read
India’s indirect tax system is undergoing a major transformation with the GST updates. This set of reforms, widely known as GST 2.0, is the most significant change since the launch of GST in 2017. The GST Council, in its meeting on 3 September 2025, approved rationalised GST rates effective 22 September 2025. This builds on India’s landmark GST rollout on 1 July 2017, which replaced a complex web of excise, VAT, service tax, and entry levies with a unified system, Central GST, State GST, and Integrated GST. Introduced as “One Nation, One Tax,” GST streamlined compliance, reduced cascading taxes, and created a seamless national market.