Blog tagged as Income Tax Return

The Indian Income Tax system is getting a major update! From 1st April 2026, a new law called the Income-tax Act, 2025 will come into effect. One of the biggest changes? ? Income tax forms are being renamed and restructured. Don’t worry — this blog explains everything in very simple language.

If you are a salaried employee and you claim House Rent Allowance (HRA) to save income tax, there is an important update you should know. The Income Tax Department has made new changes in the Income Tax Return (ITR) forms to stop fake rent claims.

A Delhi school teacher got into trouble with the Income Tax Department after she deposited ₹3.5 lakh in cash into her bank account.

Over the last few years, we’ve all heard terms like Bitcoin, Ethereum, NFTs, and crypto coins. These are all forms of Virtual Digital Assets (VDAs). While many people trade in them or even gift them, one big question arises: How does tax work on these assets in India?