May 18, 2026 admin If you deduct TDS but miss a deposit deadline or skip filing your return on time – the Income Tax Department has clear penalties waiting for you. This article covers every major TDS penalty under the Income Tax Act, from interest on late deposits to the risk of rigorous imprisonment under […]
TDS Penalties and Prosecution in India: What You Need to Know in 2026 Read More »
May 15, 2026 admin Choosing between the old and new tax regime is one of the most important financial decisions salaried individuals face in India. For FY 2026-27, the government has made the new tax regime even more attractive by raising the tax-free income limit to Rs. 12.75 lakhs for salaried employees, while the old
Old vs New Tax Regime FY 2026-27: Which One Should You Choose? Read More »
May 2, 2026 admin Filing your Income Tax Return (ITR) on time is one of the most important financial obligations for every Indian taxpayer. Miss the deadline, and the Income Tax Department can charge you a late filing fee, interest on unpaid taxes, and other penalties – all of which can quietly add up. This
ITR Penalties FY 2025-26 – Late Filing Fees, Interest & How to Avoid Them Read More »
May 1, 2026 admin If you are wondering when to file your income tax return for FY 2025-26, you are in the right place. The due dates for ITR filing (Assessment Year 2026-27) vary depending on your taxpayer category – salaried individuals, business owners, and companies all have different deadlines. Missing these dates can attract
ITR Filing Due Dates for FY 2025-26 Read More »
