Income Tax

Experts advise paying income tax in full if possible, but parceling up to eight times via Receita Federal beats taking loans. Parcel interest is 1% plus accumulated Selic, lower than rates for payroll loans, overdrafts, and credit cards. Simulations show significant savings by avoiding costlier debts.

March 24, 2026 Ti AI ṣe iroyin

The Central Board of Direct Taxes (CBDT) has issued Income-tax Rules, 2026, aligning with the new Income-tax Act, 2025, effective from April 1. Changes include higher thresholds for mandatory PAN quoting, unified forms, and new exemptions for salaried employees. Tax experts suggest the old regime may offer advantages for middle-income earners.