Gift Tax India 2026: Is Your Diwali Gift Taxable? (7 Scenarios)Gift tax in India 2026 follows Section 56(2)(x) of the Income Tax Act. Gift tax in India no longer has…
New vs Old Tax Regime The new tax regime is the default for FY 2026–27 (AY 2027–28). It offers 7 graduated slabs from 0% to 30%, a ₹75,000 standard deduction,…