Senior citizens investing ₹30 lakh in the Senior Citizens’ Savings Scheme (SCSS) will earn ₹61,500 every quarter at the current interest rate of 8.2% per annum for October to December 2026. That…
Taxpayers examining eligibility under the Rs 1-crore limit of the Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 (FAST-DS 2026) face uncertainty over how to compute undisclosed foreign income. The scheme's rules…
The Income Tax Act, 2025 changes how unexplained income is taxed, with a sharp difference between voluntary disclosure and detection by the tax department. For Rs 100 of unexplained income voluntarily disclosed,…
