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Guides and explainers on tax, salary, and finance rules in India, kept current for Tax Year 2026–27.

ULIP Taxation in India 2026: Complete Guide to New Income Tax Act Rules, LTCG & Capital Gains

ULIP taxation in India 2026 explained: LTCG rate, Section 10(10D) exemption, surrender tax, NRI rules, and ULIP vs mutual fund tax, with worked examples.

Anita Patil·Jul 3, 2026·21 min read

Finance

Section 44AB Tax Audit Applicability for FY 2025-26 (AY 2026-27)

Section 44AB tax audit rules for FY 2025-26 (AY 2026-27): turnover limits, the ₹50L vs ₹75L mix-up cleared up, Section 63 explained, and penalties.

Anita Patil·Jul 2, 2026·12 min read

Finance

Section 234A, 234B, 234C Interest (2026)

Section 234A, 234B, 234C interest calculator: exact formulas, Rule 119A rounding, new Income Tax Act 2025 section numbers, waivers, and worked ₹ examples.

Madhav Wadwale·Jul 2, 2026·11 min read

Finance

Section 40 Income Tax Act 2026: Disallowed Expenses & 40(b) Limits Explained

Section 40 of the Income Tax Act explains disallowed business expenses, TDS defaults, Section 40(b) partner remuneration limits, and 2025 Act changes.

Viraj Mathpati·Jul 2, 2026·11 min read

Finance

Section 194T TDS Guide: Rate, Limit & 40(a)(ia) Risk

Section 194T TDS explained: 10% rate, ₹20,000 threshold, 40(a)(ia) disallowance dispute, Section 393 mapping, non-resident partner gap, and journal entries.

Viraj Mathpati·Jul 1, 2026·11 min read

Finance

Marginal Relief Under Section 87A FY 2025-26, Explained Properly

Marginal Relief in Income Tax (Section 87A) explained with real math: why tax on ₹12.1L is ₹10,000, not ₹61,500. Eligibility and FY 2025-26 breakeven point.

Anita Patil·Jul 1, 2026·13 min read

Finance

Do I Have to Pay Tax on Money Transferred From Abroad in 2026?

Do I have to pay tax on money transferred from abroad? Full IRS guide to FBAR, Form 3520, foreign gifts, the 2026 remittance tax, and reporting deadlines.

Madhav Wadwale·Jul 1, 2026·11 min read