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Mrs.DHEEPA BYJU

In his words, “My mission is to make my clients understand the actual cost of all his investment decisions in the event of any change in life circumstances.”

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27/02/2026

NRIs with big foreign tax payment need to get CA certificate to claim tax credit in their ITRs in India under draft tax rules 2026

Indians working abroad can claim Foreign Tax Credit (FTC) by filing Form 67. Draft rules propose renumbering it to Form 44, requiring CA certificates for companies and individuals with foreign tax payments over Rs 1 lakh. These changes aim to enhance scrutiny and ensure bona fide claims, potentially increasing compliance costs.

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24/02/2026

New income tax rules from April 1: How HRA claims for family rent will change

Salaried individuals claiming HRA under the old tax regime must disclose their relationship with landlords in Form 124 if rent exceeds ₹1 lakh, per Draft Income Tax Rules, 2026.

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SUMESH P K