Budget 2026 Tax Expectations Explained Simply (For Salaried & Middle Class) Budget 2026 tax expectations for salaried and middle class taxpayers are gaining attention as the Union Budget approaches, with growing discussions around income tax relief, deductions, and compliance simplification. Every year, the Union Budget shapes how much tax Indian citizens pay and how much … Read more
Fixed deposits (FDs) are one of the most popular investments in India. They are safe, provide steady returns, and many taxpayers park their savings here. But when it comes to taxes — especially how Income Tax Department tracks FD interest income — most people have questions. In this blog, we explain how your FD interest comes … Read more
When people start preparing their income tax returns, two terms often create confusion: Difference Between Gross Total Income and Taxable Income. They sound similar — but they are not the same. Understanding the difference can help you: avoid costly mistakes plan investments better choose between the old and new tax regimes wisely reduce your overall … Read more
Filing income tax returns can feel confusing, especially when you are not sure whether all your taxes have been recorded correctly. That is exactly where Form 26AS helps. Form 26AS is like your tax passbook. It shows every tax that has been deducted from your income and deposited to the government against your PAN. If … Read more
Receiving income tax notices can be stressful, especially if you are not sure what it means or what action is required from your side. Many taxpayers panic the moment they see an email or SMS from the Income Tax Department. However, not every income tax notice is bad news. Some notices are purely informational, while … Read more