Neha Kapoor

Section 80D becomes Section 126 under the Income-tax Act, 2025: Rs 25K / 50K self bucket, Rs 25K / 50K parents bucket, Rs 5K preventive checkup inside limits, Rs 50K medical expenditure when senior parent has no insurance. Old regime only. Cash disallowed except preventive.

ESOPs are taxed twice: at exercise as salary perquisite under Section 17(1)(d), and at sale as capital gain. 2025 Act mappings — Section 392 TDS, Section 140 eligible startup, 60-month deferral for shares allotted from 1 April 2026 — plus Budget 2024 capital gains rates and worked examples.

RBI's e-rupee removes some UPI scam vectors (no OTP, no collect-request tricking) but inherits others (QR swap, malware, device theft). UPI QR interoperability still applies. Plus the unresolved Section 269ST question on e-rupee receipts.