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Direct Tax

Articles on Direct Tax

142 articles
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Direct Tax

Income Tax Reassessment Under Income Tax Act 2025: Sections 279-280 Guide

Reassessment provisions under Sections 279-280 of ITA 2025 — 3-year normal limit, 5-year Rs 50 lakh limit, information r...

Mar 26, 2026 by Vikas Sharma 3 min
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Direct Tax

Dividend Taxation Under Income Tax Act 2025: Complete Guide

Dividend taxation under ITA 2025 — taxable at slab rate (DDT abolished), TDS 10% under Section 393 (above Rs 5,000), 20%...

Mar 26, 2026 by Vikas Sharma 3 min
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Direct Tax

ESOP Taxation Under Income Tax Act 2025: Two-Stage Tax & Startup Deferral

ESOP taxation under ITA 2025 — Stage 1 perquisite at allotment (FMV minus exercise price), Stage 2 capital gains at sale...

Mar 26, 2026 by Vikas Sharma 3 min
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Direct Tax

VRS (Voluntary Retirement Scheme) Taxation Under Income Tax Act 2025: Rs 5 Lakh Exemption

VRS compensation taxation under ITA 2025 — Rs 5 lakh lifetime exemption (Schedule II), eligibility (40 years/10 years se...

Mar 26, 2026 by Vikas Sharma 3 min
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Direct Tax

Gift Tax Rules Under Income Tax Act 2025: Rs 50,000 Threshold & Exemptions

Gift taxation under ITA 2025 — cash gifts taxable if aggregate exceeds Rs 50,000, property gifts without consideration, ...

Mar 26, 2026 by Vikas Sharma 3 min
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Direct Tax

ELSS vs PPF vs NPS: Best Tax-Saving Investment Under Income Tax Act 2025

ELSS vs PPF vs NPS comparison under ITA 2025 — lock-in periods, returns, tax treatment at maturity, Section 123 deductio...

Mar 26, 2026 by Vikas Sharma 3 min
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Direct Tax

Gratuity Taxation Under Income Tax Act 2025: Exemption Limits & Rules Explained

Gratuity exemption under Schedule II of ITA 2025 — government employees fully exempt, private sector Rs 20 lakh limit, c...

Mar 26, 2026 by Vikas Sharma 3 min
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Direct Tax

Leave Encashment Taxation Under Income Tax Act 2025: Rs 25 Lakh Exemption Guide

Leave encashment tax rules under ITA 2025 — fully taxable during service, government employees fully exempt at retiremen...

Mar 26, 2026 by Vikas Sharma 2 min
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Direct Tax

Online Gaming Tax Under Income Tax Act 2025: 30% Tax & TDS Rules Explained

Online gaming taxation under ITA 2025 — 30% flat rate on winnings (Dream11, poker, rummy), TDS 30% at withdrawal by plat...

Mar 26, 2026 by Vikas Sharma 3 min
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Direct Tax

Salary Income Under Income Tax Act 2025: Complete Computation Guide

Salary income under Sections 15-25 of ITA 2025 — standard deduction Rs 75,000 (both regimes), HRA/LTA exemptions, perqui...

Mar 26, 2026 by Vikas Sharma 4 min
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Direct Tax

NPS Tax Benefits Under Income Tax Act 2025: Sections 125 & 132 Guide

NPS tax benefits under ITA 2025 — Section 125 employee contribution (Rs 1.5L pool), Section 125(1B) extra Rs 50,000 dedu...

Mar 26, 2026 by Vikas Sharma 3 min
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Direct Tax

HUF Taxation Under Income Tax Act 2025: Formation, Benefits & Tax Planning

HUF as separate taxable entity under ITA 2025 — PAN, ITR, Rs 4L exemption, Chapter VIII deductions, Section 157 rebate N...

Mar 26, 2026 by Vikas Sharma 3 min
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