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Umesh Sharma

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Articles

Salaried Taxpayers Can Pay Nil Tax Up to ₹12.75 Lakh Under New Regime

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By Umesh Sharma
| Tax Guru
Salaried? Know Your Deductions, Rebates & the Zero-Tax Income Limit! Summary: The article explains the tax benefits available to salaried taxpayers under both the New Tax Regime and the Old Tax Regime, highlighting the importance of understanding standard deduction, rebate under Section 87A, and available deductions.
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Summer Interiors Design Ideas - Keeping Your Home Cool, Cozy, and Stylish

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By Umesh Sharma
| homesindiamagazine.com
Lighten Up Your Palette Adding color to your interior is one of the best ways to update it for the summer. A space is quickly made brighter by replacing heavy, dark tones with light pastels, soothing neutrals, and sharp whites. Colors that convey the serenity of nature and the seaside, such as sky blue, sage green, and sandy beige, are ideal. In addition to lowering the temperature, these colors aid in light reflection, which opens up and cools your room.
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What every Salaried person must know before 31st July!

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By Umesh Sharma
| Tax Guru
Summary: The article explains the key changes introduced by the CBDT in the ITR-1 and ITR-2 forms for Assessment Year 2026-27 (Financial Year 2025-26) that salaried taxpayers should understand before filing their income tax returns. A major relief is that taxpayers with Long-Term Capital Gains under section 112A up to ₹1.25 lakh, without any brought-forward or carry-forward capital loss, can now file the simpler ITR-1 instead of ITR-2.
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