🚨*How much tax you’ll pay this year under the new regime?*
New income tax regime keeps zero tax up to ₹12 lakh (effectively ₹12.75 lakh with deductions).
*Slabs for FY26:*
₹0 – 4 lakh → Nil
₹4 – 8 lakh → 5%
₹8 – 12 lakh → 10%
₹12 – 16 lakh → 15%
₹16 – 20 lakh → 20%
₹20 – 24 lakh → 25%
Above ₹24 lakh → 30%
Note- Senior citizen exemptions increased (higher tax‑free limits).
🚨 *Govt Increased STT on Future & Options*
• Future : 0.02% 0.05%
• Options : 0.10% To 0.15%
Another Big Blow To F&O Traders in India
Buying property in India as an NRI is not an emotional decision — it’s a due-diligence test.
Rental yield, title clarity, taxes, RERA, currency impact & management — miss one, and returns silently leak.
Homes don’t create wealth by default… discipline before purchase does.
Income Tax Rates for A.Y. 2026-27 for Individuals
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A MUST READ BOOK.
Even Advisors appreciate DONT RETIRE RICH
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You can invest in PMS with just ₹10 lakhs… but only if you have a secret key:
Accredited Investor Status.
What is it? How do you get it? Why does it matter NOW?
👉 All revealed in this video: https://youtu.be/VqQH455XRzU
*India Population :- 146 Crore*
✅Total Aadhar ( net of cancelled) issued : 141 Cr
✅Total PAN issued : 80 Cr
✅Total PAN Aadhaar Linked : 52.69 Crore
✅Total Reg PAN in E filing : 11.93 Crore
✅No of ITRs filed : 7.30 Crore
✅ No of Zero Return File : 4.90 Cr
✅Filers who actually pay Tax : 2.40 Crore
🎯Less than 2 % of the population actually pays Income Tax
People don’t lack intelligence. They lack clarity. Here’s proof from a corporate session 👇
https://www.linkedin.com/posts/srikanth-matrubai_financial-wellness-session-corporate-india-activity-7406261530322702336-M3tP
What’s STILL Allowed in New Tax Regime (FY 2025–26) ✅
• Standard Deduction: ₹75,000 (salaried & pensioners)
• Employer’s NPS contribution: up to 14% of salary
• Family pension deduction: up to ₹25,000
• Employer benefits still tax-free:
– Gratuity (₹20L)
– Leave encashment (₹25L)
– VRS (₹5L)
• Home loan interest only on rented property (against rent)
• Capital gains exemptions (54 / 54EC / 54F) continue
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Best ideas shared to create Mountains of Wealth on our Telegram channel
WEALTH WISDOM
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Found gold in a parent’s locker? Before you sell, read this
https://srikavimoney.blogspot.com/2025/11/found-gold-in-ammas-locker-heres-tax.html
https://www.linkedin.com/posts/srikanth-matrubai-93b28014_found-gold-in-ammas-locker-heres-the-share-7400059811977052161-VBJd?utm_source=share&utm_medium=member_desktop&rcm=ACoAAALjJT8Bm-qQTMD1dI2o3MMdPfHnENBLiSM
Found gold in a parent’s locker? Before you sell, read this
Follow the EQUITY IDEAS channel on WhatsApp: https://whatsapp.com/channel/0029VbBsy310bIdveSOXDT3d
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*Please consult your auditor before making any decisions.*
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🚨 *PART B: New Income-tax Act, 2025 replacing the old Income-tax Act, 1961 comes into force from 1 April 2026.*
*SNIPPET 1*
Title: New Income-tax Act from 2026
What the law says:
A completely new Income-tax Act, 2025 replaces the old Income-tax Act, 1961. It applies to the whole of India and comes into force from 1 April 2026.
What it means for you from 01-04-2026:
From financial year 2026-27 onwards, all taxpayers—
* salaried persons,
* business owners,
* professionals,
* senior citizens
* and investors—will be governed by this new law, not the 1961 Act.
The intention is simpler language, fewer sections, and easier compliance, not higher tax rates.
Example:
* Income earned during 1-4-2026 to 31-3-2027 will be taxed strictly as per the Income-tax Act, 2025, even though earlier years were governed by the 1961 Act.
*SNIPPET 2*
Title: Goodbye “Assessment Year”, Hello “Tax Year”
What the law says:
The confusing concepts of “Previous Year” and “Assessment Year” are removed.
A single term “Tax Year” is introduced, which normally means 12 months starting from 1 April.
What it means for you from 01-04-2026:
You no longer have to remember two different years for income and assessment.
Income is earned, taxed, and referred to in the same Tax Year, making understanding and filing returns easier.
Example:
Income earned from 1-4-2026 to 31-3-2027
➡️ Tax Year: 2026-27
➡️ Return filed for Tax Year 2026-27
(No separate “Assessment Year 2027-28” confusion anymore.)
*SNIPPET 3*
Title: Tax Year Can Be Shorter Too
What the law says:
In some cases, a Tax Year may be shorter than 12 months, such as when a new business starts or a new income source begins during the year.
What it means for you from 01-04-2026:
If you start a business, profession, or new income mid-year, tax will apply only from that start date, not for the full year.
Example:
A freelance consultant starts work on 1-10-2026
➡️ Tax Year: 1-10-2026 to 31-3-2027 (6 months only)
➡️ Income before 1-10-2026 is not taxed as business income.
If you are planning to sell your Gold or Silver funds
You MUST compulsorily read this
https://www.linkedin.com/posts/srikanth-matrubai_gold-silver-investors-dont-let-the-panic-share-7423594931262480384-IzjC?utm_source=share&utm_medium=member_desktop&rcm=ACoAAALjJT8Bm-qQTMD1dI2o3MMdPfHnENBLiSM
Why old tax regime still works for some taxpayers
https://www.moneycontrol.com/news/business/personal-finance/why-old-tax-regime-still-works-for-some-taxpayers-13774315.html
HEALTH IS TRULY WEALTH
Stay healthy with these easy to follow Health tips
Best Telegram channel on HEALTH
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Not every family member is tax-friendly.
Only defined relatives get the exemption privilege.
Tax-free gifts (any amount):
Parents • Spouse • Children • Siblings • Grandparents • In-laws
👉 No limit. No tax. Period.
Big myth people fall for:
❌ *“Cousin is also family”* — Wrong. Fully taxable.
❌ *“Only amount above ₹50,000 is taxed”* — Wrong. Entire amount taxed.
Non-relatives:
👉 If total gifts cross ₹50,000 in a year → 100% taxable.
Silent tax trap most people miss:
Gift may be tax-free…
⚠️ Income generated from that gift may not be.
(Especially between husband & wife — clubbing applies.)
One boring thing that saves you big trouble:
📄 Gift deed
🏦 Bank trail
#DontRetireRich
https://www.youtube.com/user/goodfundsadvisor
For deep insights on Wealth Creation
Everyone thinks Direct Plans save money.
But the real math will SHOCK you.
I explained it in simple English here 👇
https://www.linkedin.com/posts/srikanth-matrubai-93b28014_dontretirerich-activity-7401579640722669568-qGPP?utm_source=share&utm_medium=member_desktop&rcm=ACoAAALjJT8Bm-qQTMD1dI2o3MMdPfHnENBLiSM
What’s STILL Allowed in New Tax Regime (FY 2025–26) ✅
• Standard Deduction: ₹75,000 (salaried & pensioners)
• Employer’s NPS contribution: up to 14% of salary
• Family pension deduction: up to ₹25,000
• Employer benefits still tax-free:
– Gratuity (₹20L)
– Leave encashment (₹25L)
– VRS (₹5L)
• Home loan interest only on rented property (against rent)
• Capital gains exemptions (54 / 54EC / 54F) continue
KIND ATTENTION TAXPAYERS!
Did you receive a gentle reminder from the Income Tax Department?
It’s part of NUDGE 2.0, helping taxpayers correctly report foreign assets/income.
Kindly review your ITR → check Schedules FA & FSI → file revised return by 31 Dec 2025 (if required)
Don’t Delay. Check, Correct and Comply today!!
Question:
I am 60, retired, and under financial stress. My nephew sends me ₹60,000 every month to help with my expenses. I have no other income.
Do I have to pay tax on this money? Is this treated as my income?
✅ Answer (
In India, gift tax works on the person receiving the money, not the person giving it.
1️⃣ Gifts up to ₹50,000 a year → Fully tax-free
If all the gifts you receive in a year total ₹50,000 or less, you pay no tax.
2️⃣ But if gifts cross ₹50,000 → The entire amount becomes taxable
If you receive more than ₹50,000 in a year,
👉 the whole amount is treated as your income,
not just the amount above ₹50,000.
👨👩👧👦 Who are “relatives” for tax exemption?
Gifts from certain close relatives are always tax-free, no matter the amount.
These include:
Parents
Children
Siblings
Spouse
Uncle/Aunt (both maternal and paternal) giving to nephew/niece
But this exemption is one-way in some cases
If an uncle or aunt gives money to nephew/niece → Tax-free
If a nephew or niece gives money to uncle/aunt → Not tax-free
December vibes: holidays, goals, and year-end wins! 🎄
📊 Stay ahead of the game with TaxBuddy's calendar.
File those taxes, plan your finances, and ring in the new year stress-free 🎁💸
A Will doesn’t need registration — but registration gives it real strength.
It cuts down future disputes, reduces chances of tampering, and offers clarity your family will thank you for.
And remember — if you own property in Mumbai, Chennai or Kolkata, your Will may need probate, which can delay things unless everything is drafted cleanly.
My advice?
Create a proper Will, register it, keep a doctor’s fitness certificate, and ensure all assets are listed clearly.
It’s the simplest act of love you can leave behind.
#DontRetireRich
Follow the EQUITY IDEAS channel on WhatsApp: https://whatsapp.com/channel/0029VbBsy310bIdveSOXDT3d
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What Happens When a Hindu Woman Dies Without a Will?
1️⃣ Husband & Kids Alive:
Property is divided equally between husband and children.
2️⃣ Husband Alive, No Kids:
Husband gets everything.
3️⃣ Parents Only (Unmarried, No Kids):
Property goes to her own parents.
4️⃣ Husband & Kids Not Alive:
If property came from her parents → goes to her father’s heirs.
If from husband/in-laws → goes to husband’s heirs.
5️⃣ Husband Not Alive, No Kids:
Her parents inherit only if property came from them.
Else, husband’s family gets it.
💡 Moral:
If you’re a woman, please make a WILL.
Else, even your hard-earned assets may go to your in-laws, not your parents. #DontRetireRich
