New Tax Regime Explained: Rental Income, Derivative Losses & Freelance Taxation
🧾 Introduction India’s evolving tax landscape under the new regime (Section 115BAC) has raised questions among taxpayers regarding deductions, income reporting, and compliance. This article breaks down key scenarios—from rental income and trading losses to freelance taxation and high-value gifts—to help individuals navigate the fiscal year 2025–26 with clarity. 🏠 Rental Income Under Section 115BAC: … Read more