Tax, GST & finance, explained clearly.
Original coverage of Indian tax rulings, GST changes, compliance deadlines and money decisions — distilled into plain English by the Bluman editorial desk.
Is Your Rs 12 Lakh Income Really Tax-Free? The Capital Gains Catch That Trips Many Taxpayers
Many residents expect zero tax if their income—including capital gains—is below the exemption limit. But with LTCG and STCG taxed at special rates, the rules are more complex. Here’s how it actually works.
12 Sept 2026 · 4 min read
Paid Business Expenses with a Spouse’s Credit Card? Why Proper Documentation Now Matters More than Ever
The Mumbai ITAT says business owners can claim genuine business expenses paid via a spouse’s credit card if reimbursed and fully documented. But incomplete paperwork or income mismatches can still trip up your tax return.
12 Sept 2026 · 4 min read
Own land in a JDA and receive rent via a partnership firm? Why you shouldn’t face double taxation
Rental income received by a partnership firm under a JDA can’t be taxed again as income of the landowner partners, rules ITAT Bangalore—avoiding double taxation pitfall for property owners.
12 Sept 2026 · 3 min read
Missed ITC in GSTR-3B? Why GSTR-9 Is Not a Shortcut for Late GST Credit Claims
If you forgot to claim eligible GST input tax credit in GSTR-3B, disclosing it in GSTR-9 doesn’t guarantee relief. Here’s the real legal position, latest amendments, and what taxpayers can still do.
12 Sept 2026 · 3 min read
Selling Family-Owned Property? What Section 50C Means for Co-Owners—and Why Evidence Matters Most
When selling jointly owned family property, a lack of documentary proof about share and cost can push your tax higher under section 50C. Here’s what co-owners need to know.
12 Sept 2026 · 3 min read
GST Registration Cancelled? The Overlooked Impact of Retrospective Cancellation on Your Past Returns, Customers and Stock
A deeper look at what GST registration cancellation means: from why it happens, how it's done, to the ripple effects on invoices, ITC and statutory duties—even after cancellation.
10 Sept 2026 · 3 min read
Planning NRI Stays or Moving Abroad? ICAI’s New Handbook Reveals Critical Tax Residency Rules for 2026–27
ICAI’s July 2026 Handbook details major changes to NRI tax residency under the Income-tax Act, 2025, clarifying day-counts, ₹15 lakh thresholds, and crucial differences with FEMA rules. Here’s what NRIs and professionals must know for 2026–27.
10 Sept 2026 · 4 min read
Using the Rule of 70: The Shortcut That Can Help (and Mislead) Indian Retirement Planners
The Rule of 70 lets you quickly estimate how long it takes investments to double at a given rate, but ignoring tax, inflation, and risk can lead to serious retirement miscalculations.
10 Sept 2026 · 3 min read
NRO Account Rules Every NRI Must Know: Deposits, Tax on Interest, and the $1 Million Repatriation Limit Explained
NRO accounts let NRIs, OCIs and PIOs manage Indian income, but strict deposit, taxation and repatriation rules apply. Here’s the overlooked detail on what’s allowed—and what isn’t.
10 Sept 2026 · 4 min read
Need this handled by a Chartered Accountant?
Bluman connects you with a qualified CA for tax, GST, compliance and business questions — usually the same day.