Income Tax

RTGS Timings in India: Latest Transfer Time, Limits & Rules
India processes millions of high-value digital transactions every day, with nearly 698 million RTGS transactions recorded by December 2025 (as per PIB). The Real-Time Gross Settlement (RTGS) system, managed by the Reserve Bank of India (RBI), enables individuals and businesses to transfer large sums quickly and securely. For such high-value payments, understanding RTGS timings is […]
#rtgs timings
Srihari Dhondalay
March 10, 2026 at 05:39 PM

Old vs New Tax Regime in India: Comparison for FY 2026-27
Every year, salaried employees, business owners, and freelancers across India face an important tax decision: old vs new tax regime, which one should you choose? The difference between the old and new tax regimes goes beyond simply comparing tax rates. It also depends on how your income, investments, deductions, and exemptions affect your overall tax […]
#old vs new tax regime
Joel Dsouza
March 10, 2026 at 01:54 PM

Income Tax Refund Delay: Reasons, Status & Faster Refund Tips
Income tax refund delay can be stressful, especially when the money you’re owed seems stuck. According to data released by the Income Tax Department, for the Assessment Year 2025–26, around 8.8 crore income tax returns were filed in India. Of these, about 24.6 lakh returns were still pending processing for more than 90 days as of early February 2026. This […]
#income tax refund delay
Srihari Dhondalay
March 05, 2026 at 06:13 PM

ITR Processing Time for AY 2027-28: Refund & Status Guide
Every year, millions of Indian taxpayers wait anxiously to know their ITR processing time and refund status. The Central Processing Centre processed over 8 crore Income Tax Returns for AY 2025-26, yet nearly 63 lakh returns remained under processing at the time of reporting. These numbers prove that delays can happen even when systems work […]
#itr processing time
Joel Dsouza
March 05, 2026 at 04:49 PM

New Income Tax Rules 2026 in India: Key Changes & Impact
India is about to reset its income tax rules, and this change is historic. From April 1, 2026, a new legal framework will apply that will change how people calculate income, claim exemptions, and file tax returns in India. The Ministry of Finance introduced these rules under the Income Tax Act, 2025. The government aims […]
#new income tax rules
Joel Dsouza
February 16, 2026 at 03:50 PM

How to File Nil ITR Online for Companies & Individuals?
Filing nil ITR online helps individuals and companies maintain clean tax records, claim refunds, and prove income even with zero taxable earnings.
#how to file nil itr
Joel Dsouza
November 29, 2025 at 03:02 PM

Top 10 Tax Consultants in India You Should Know in 2026
India’s tax system is famously complex, and the top tax consultants in India play a crucial role in helping businesses navigate frequent regulatory updates. For instance, recent changes in income tax slabs and new TDS provisions introduced in the Budget 2025, along with regular updates from the Union Budget, CBDT, and CBIC, bring new rules […]
#top 10 tax consultants in india
Srihari Dhondalay
November 15, 2025 at 03:58 PM

Understanding Section 194C of the Income Tax Act
Section 194C mandates TDS deduction on contractor payments exceeding ₹30,000 per transaction or ₹1 lakh annually. Know the rates, exemptions, and compliance rules.
Vishakha Gaur
June 05, 2025 at 11:31 AM

A Simple Guide to Income Tax Rebate Under Section 87A
Explore the income tax rebate under section 87A from Rs. 12500 to Rs. 60000 & get insights on eligibility, updates for FY 2025 & the coming financial years.
Shaggun V Singh
June 02, 2025 at 12:11 PM

Form 27EQ Filing Process: Rules, Deadlines and Best Practices
Form 27EQ is mandatory for quarterly TCS return filing. Learn about due dates, fines, penalties, and the step-by-step filing process to ensure compliance.
Ayushi Verma
May 28, 2025 at 01:23 PM