Tax Guru

Definition of Income under Income Tax Act 2025

This explains how the new law defines “income” using an inclusive approach rather than a fixed list. The key takeaway is that ...

Income Tax Budget 2026 LIVE: Will tax slabs see a change again? FM Sitharaman begins speech

Income Tax 2026 LIVE updates: Union finance minister Nirmala Sitharaman has begun presenting the Union Budget 2026-27 in the Lok Sabha. A few experts from the commerce industry are reportedly ...

Budget 2026 Expectations Income Tax Highlights: Will income tax be further reduced this year?

FM Nirmala Sitharaman is set to present the Union Budget 2026 today. What is middle class, salaried taxpayers are seeking? LIVE updates on Budget 2026 income tax expectations.

Union Budget 2026: What are your tax slabs and how much goes to the Income Tax Department

With Budget 2026 approaching, income tax slabs are back in focus for salaried and middle-income taxpayers. While major rate changes are unlikely, understanding the current slab structure is crucial to ...

Budget 2026 Live Updates: 'Fiscal discipline, sustained growth our focus,' says FM Nirmala Sitharaman while presenting Union Budget

Union Finance Minister Nirmala Sitharaman has made history today as she's presenting her ninth consecutive Union Budg ...

Budget 2026 Live Updates: FM Sitharaman Begins Her Record 9th Budget Speech

FM Nirmala Sitharaman presents Union Budget 2026-27 today at 11 am, her ninth budget, outlining allocations, revenue plans ...
Tax Guru

Penalty Imposed for Incorrect AOC-4 Filing Under Residual Provisions of Companies Act

Stressing that the MCA registry is a public and relied-upon record, the authority imposed penalties for inaccurate disclosures. The ruling underscores strict compliance expectations for statutory ...