A comprehensive guide for businesses on the depreciation rates and rules applicable for the Financial Year 2025-26 under the Indian Income Tax Act. The blog details the core principles, including the 'Block of Assets' concept and the WDV method. It provides a clear breakdown of depreciation rates for various asset classes like buildings, machinery, and intangible assets. Furthermore, it covers crucial special provisions such as additional depreciation for manufacturing units, rules for the sale of assets, and recent updates like the non-depreciable status of goodwill, empowering businesses with the knowledge for effective tax planning and compliance.

Analyzes the feasibility of achieving zero income tax on 19.2 lakh earnings under India's new tax regime (FY 2025-26 / Section 115BAC). Details the regime's rules, standard tax calculation, and debunks the zero-tax claim by highlighting the reliance on disallowed deductions (HRA, LTA, flexi-allowances). Concludes it's unrealistic for most salaried individuals

An initial guide to Tax Deducted at Source (TDS) rates and thresholds for India's Financial Year 2025-26 (Assessment Year 2026-27), based on current provisions as of April 2025. Details include a comprehensive rate chart covering common sections, key considerations like PAN non-furnishing, recent threshold changes (e.g., for interest, rent, commissions), potential policy updates (like the status of Section 206AB), and essential compliance deadlines. The guide strongly emphasizes that final rates are contingent upon the Full Union Budget 2025.

A detailed month-by-month overview of statutory deadlines for Income Tax, GST, TDS, PF, ESI, and ROC submissions in the fiscal year 2025-26 (April 2025–March 2026) to guarantee compliance and prevent penalties.