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Simpletaxindia: SIMPLE TAX INDIA

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 Sovereign Gold Bonds (SGB): The End of the “Tax-Free” Secondary Market Era in Budget 2026 For nearly a decade, Sovereign Gold Bonds (SGBs) have been one of the most popular gold investment options in India. They offered three powerful benefits together: • Exposure to gold price movement without holding physical gold • A fixed 2.5% annual interest paid by the Government o...


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 Share Buyback Tax Overhaul: Why Budget 2026 is a Major Win for Retail Investors The Union Budget 2026–27 has delivered a long-awaited correction to the taxation of share buybacks, addressing widespread concern among retail investors. From 1 April 2026, the government will no longer treat buyback proceeds as dividends. Instead, such income will be taxed under capital gains...


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 Budget 2026: Navigating the Major TDS and TCS Overhaul for Individuals and Businesses The Union Budget 2026 marks a decisive shift toward a simpler, citizen-friendly tax system. With the introduction of the Income Tax Act, 2025, effective from 1 April 2026, the government has restructured several provisions relating to Tax Deducted at Source (TDS) and Tax Collected at Sou...


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 Compassion in Compliance: How Budget 2026 Protects Motor Accident Victims The Union Budget 2026–27 has introduced a deeply humane reform for victims of motor accidents and their families. Recognising the emotional and financial trauma caused by accidents, the government has amended the tax treatment of compensation awarded by the Motor Accident Claims Tribunal (MACT).For ...


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Finance Minister Nirmala Sitharaman presented the Union Budget 2026 on 1 February 2026 with a clear focus on simplification, transparency, and ease of compliance. Instead of changing income‑tax slabs, the Budget introduces nearly 90 direct‑tax amendments that affect how income is taxed, how investments are treated, and how taxpayers interact with the tax system.This blog explain...


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