ICAI has scheduled a June 2026 special exam for members of recognized foreign bodies. Applications close on 16 February 2026, with subjects mapped to each MRA.
Budget 2026 prioritises easing compliance, reducing penalties, and cutting litigation rather than raising tax rates. The reforms aim to make tax administration more practical and taxpayer-friendly.
New baggage rules and processing regulations are notified, replacing earlier frameworks and aligning customs procedures for passenger clearances.
The Budget proposes Mega Textile Parks and relaxes export timelines for textile and leather exporters. The measures aim to improve scale, cash flow and global competitiveness.
The Union Budget 2026–27 launches a major biopharma initiative to boost domestic production of biologics and biosimilars, aiming to reduce imports and strengthen healthcare security.
The Budget unveils ISM 2.0 with fresh funding to deepen domestic semiconductor capabilities across design, materials, and equipment. The move targets resilient supply chains and skilled workforce development.
With stable tax slabs and surcharges, the Bill focuses on ease of living through extended deadlines, electronic processes, and clearer TDS rules. The emphasis is on certainty and voluntary compliance rather than higher taxation.
Stakeholder-wise and thematic overview of Budget 2026 tax reform proposals covering farmers, MSMEs, corporates, NRIs, exporters, and households, with focus on tax certainty, ease of compliance, and trade facilitation.
The Budget extends deductions for primary cooperatives to cattle feed and cotton seed supplies while easing tax treatment of dividend income. The move aims to improve financial sustainability and member benefits.
The Budget exempts non-residents paying tax on a presumptive basis from MAT while offering targeted income tax holidays. These measures aim to improve tax certainty and attract foreign investment.
