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Mar 31
From 1st April 2026, new income tax rules will come into effect that can directly impact your finances 🗓️
It marks a shift in how your taxes will be calculated and reported.
Here are the major highlights you should care about 👇
ALT new income tax rules 1st april 2026
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Jun 12
🚨 BREAKING: Elon Musk becomes the world’s first trillionaire in human history.
SpaceX’s Wall Street debut has reportedly pushed his net worth past $1 trillion.
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Jun 12
Capital gains tax is not the same for every asset. ⚠️
Here’s a quick LTCG vs STCG cheat sheet to save before you invest. 👇
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Jun 12
1/ Planning to buy Elon Musk’s SpaceX IPO from India?
Don't miss out on the tax you may need to pay 🧵👇
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Jun 12
8/ And if you are claiming credit for tax paid in the US…
Schedule TR and Form 67 become important.
TR = Tax Relief.
This is where foreign tax relief details are reported.
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Jun 12
9/ So don’t just ask:
“How much tax will I pay on SpaceX? ”
Also ask:
“Have I reported it correctly in my ITR?”
Because with foreign stocks, reporting is as important as tax calculation.
Read More - cleartax.in/s/tax-implicatio…
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Jun 11
Using UPI?
Don't miss these important transaction limits for 2026.
Save this post for future reference 👇
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Jun 11
1/How much gold can you keep legally at home in India?
90% of Indians have no idea about this rule.🧵👇
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Jun 11
5/ ⚠️ What if you have gold beyond these limits and no proof?
The excess gold may be seized and treated as unexplained income.
In that case, tax can be charged under Section 115BBE at around 78% effective rate after surcharge and cess.
An additional penalty under Section 271AAC may also apply.
So that extra gold without receipts or inheritance proof can become a very expensive mistake.
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Jun 11
6/ âś… The simple rules to keep your gold safe:
🔹Always ask for a receipt when buying gold 🧾
🔹Keep inheritance/gift documents safely stored 📂
🔹Mention gold in your income tax returns if you have large amounts
🔹Stay within the limits if you have no proof
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Jun 11
Apple ≠just iPhone. 📵
Yes, iPhone makes 50% of Apple’s revenue.
But the other 50% comes from Services, Mac, iPad, wearables, and accessories.
That’s the real Apple story:
Not just a phone company.
An ecosystem business.
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Jun 8
Myth: “AIS and Form 16 show the same details.”
Reality: They serve different purposes and you should check both before filing your ITR. 👇
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