Blog categorized as Income Tax

 India's tax landscape has undergone one of its most sweeping overhauls in over six decades. From 1st April 2026, the Income Tax Act, 2025 has replaced the Income Tax Act, 1961, bringing with it a new set of rules, revised compliance requirements, and updated rates. Whether you are a salaried e...

Presumptive taxation was designed to be a gift to small businesses — a simpler way to pay taxes without drowning in paperwork. But the Income-tax Act, 2025 has quietly reshaped the rules. If you run a small business, trade in F&O, or advise clients who do, the changes deserve your full attention...

 The Income-tax Act, 2025, has replaced the Income-tax Act, 1961, with effect from 1st April 2026. While the headline changes around Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) are widely discussed, the real shift is structural. Understanding this structural shift is what wil...