ITR Last Date & Due Dates for AY 2026-27 (FY 2025-26)
ITR due dates for AY 2026-27: 31 July for ITR-1/2, 31 August for non-audit business, 31 October for audit cases, and 31 December for belated/revised returns. Plus penalties.
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Grandfathering Rule for LTCG: How the 31 January 2018 Value Works
The grandfathering rule protects equity gains made up to 31 January 2018. How the cost-of-acquisition calculation works for pre-2018 shares and mutual funds, with an example.
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Gross Total Income vs Net Taxable Income: How Tax Is Computed
Gross Total Income vs Net Taxable Income explained: the five heads of income, how GTI is built, Chapter VI-A deductions, and which figure your tax and 87A rebate use.
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Surcharge & Health and Education Cess on Income Tax (FY 2025-26)
How surcharge (10%–37%, capped at 25% in the new regime) and the 4% health and education cess add to your income tax, plus marginal relief and the 15% cap on capital gains.
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Default Tax Regime & How to Opt for the Old Regime (Form 10-IEA)
The new regime is the default. How salaried taxpayers switch yearly, and when business/professional income earners must file Form 10-IEA to choose the old regime.
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Deductions Allowed Under the New Tax Regime (FY 2025-26)
The new tax regime disallows most deductions but a few survive — standard deduction, employer NPS (80CCD(2)), family pension and certain allowances. Full list for FY 2025-26.
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Income Tax Slabs FY 2025-26 (AY 2026-27): Old & New Regime Rates
Full income tax slabs for FY 2025-26 (AY 2026-27) under both the new and old regimes, with senior-citizen rates, cess, surcharge and worked examples.
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Repatriating Funds to India: NRE/NRO/FCNR, RFC & FEMA Rules
Bringing money back to India: NRE/FCNR full repatriation, the NRO USD 1 million limit, RFC accounts for returning NRIs, the RNOR tax window and LRS repatriation rules.
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Paying University Fees Abroad: LRS Limits & TCS on Study Remittances
How to pay foreign university fees from India under the LRS: USD 250,000 limit, FY 2025-26 TCS (nil if loan-funded, 5% above ₹10 lakh), and the Section 80E loan benefit.
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Buying Property Abroad: LRS & FEMA Rules for Resident Indians
How resident Indians can legally buy property abroad under the LRS: the USD 250,000 limit, loan restrictions, 20% TCS, rental/sale proceeds and Schedule FA disclosure.
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GIFT City for Resident Indians: Account Opening & Investment Guide (2026)
How resident Indians can open a GIFT City IFSC foreign-currency account under LRS and invest in US stocks, global funds and dollar deposits — steps, TCS, tax and caveats.
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Liberalised Remittance Scheme (LRS): $250,000 Limit & TCS Rules (FY 2025-26)
The LRS lets resident Indians remit up to USD 250,000 a year abroad. Permitted uses, what is banned, and the FY 2025-26 TCS rules after the ₹10 lakh threshold change.