Filing a nil income tax return for AY 2026-27 is crucial for maintaining financial credibility and future tax advantages. Key details emerge as the filing season begins.
Tag: income tax
सीएनबीसी: CNBC: Central Board of Direct Taxes Scrutinizes Startups Amid Nitco’s Share Surge
The Central Board of Direct Taxes has initiated scrutiny of startups, impacting market dynamics as Nitco’s shares rise significantly due to a potential land deal.
வருமான வரி: Income Tax Changes: Meal Voucher Exemption Limit Increased to ₹200
The income tax exemption limit for meal vouchers in India has been significantly increased, prompting companies to reassess employee compensation.
Income tax: New Regulations Set to Impact Tenants Paying High Rent
Starting April 1, 2026, tenants paying over ₹50,000 in monthly rent must deduct 2% TDS under new income tax regulations. Failure to comply may lead to penalties.