Blog categorized as Income Tax

Presumptive taxation under Sections 44AD, 44ADA & 44AE — thresholds, rates, and audit triggers — and how Section 58 of the new Income-tax Act, 2025 renumbers it all from FY 2026-27.

 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...

 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...