How to Save Tax Legally in FY 2025–26 (For Salaried Indians)
Learn how salaried Indians can legally save tax in FY 2025–26 with real-life tips on 80C, HRA, 80D, NPS & more — minus the jargon or confusion.
I’ll be honest — the words “Income Tax Bill” usually make my eyes glaze over. 😴 You hear it and immediately imagine pages of legal jargon, confusing sections, and that one friend who claims they “love doing taxes” (we all know they’re lying).
But this time, something different happened. The government passed the Income Tax (No 2) Bill, and inside it? The so-called SIMPLE Law. And no, that’s not just a cute name — it actually stands for “System for Income-tax Management, Processing, Litigation and Efficiency.” Yeah, it’s a mouthful. But let’s break it down without the headache.
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So, what’s the point of this SIMPLE thing?
The idea is… well… to make taxes less of a nightmare. Imagine filing your return without running to your CA every two days. Imagine disputes getting resolved in weeks, not years. That’s the dream here — faster processing, less red tape, more transparency.
Sounds great, right? But we’ve heard “simplification” promises before. Remember when they said GST would make life easy? Yeah… I’ll let you answer that. 😏
Real-life impact?
Here’s how I see it playing out:
- For regular folks like us — easier filing, maybe fewer errors, and faster refunds (fingers crossed).
- For businesses — less back-and-forth with tax officers, more automation, less “chai-pani” culture.
- For disputes — a proper system so cases don’t rot in limbo for decades.
The real win could be in transparency. When things move online and are trackable, there’s less room for funny business. At least, that’s the hope.
Why I’m cautiously optimistic
I’ve been around long enough to know that a “new system” doesn’t automatically mean a “better system.” Remember demonetisation? The first week was chaos. But here’s the thing — if they actually follow through and keep the tech smooth, SIMPLE could genuinely make tax season less stressful.
And honestly, if the only thing I get out of this is a refund that hits my account in weeks instead of months, I’ll call that a win.
The bottom line
Taxes aren’t going anywhere. Neither is the stress around them. But if the Income Tax (No 2) Bill and this shiny new SIMPLE law deliver even half of what’s promised, maybe — just maybe — April won’t be the annual panic attack it usually is.
Here’s to hoping “SIMPLE” actually means simple this time. 🍀
How to Save Tax Legally in FY 2025–26 (For Salaried Indians)