The amendment replaces the fund-specific due date with the return-filing deadline for claiming deductions. Employers gain greater compliance flexibility going forward.
The Finance Bill, 2026 continues the same tax slabs and rates as the previous year. Individuals, companies and other entities see no increase in income-tax burden.
Summary of the Finance Bill, 2026 outlining income-tax rates, surcharge structure, threshold relief, amendments across direct and indirect taxes, and the introduction of a disclosure scheme, based strictly on the Bill as introduced.
A trade notice outlines multiple GST system upgrades including audit case management, refund processing improvements, and new registration features. The update also introduces enhanced search functions and automated compliance tools.
The adjudicating authority clarified that belated compliance after a show cause notice cannot nullify statutory violations. Penalties were upheld despite later rectification.
The government has notified a clear wage ceiling for supervisory roles. Earnings above this limit remove such employees from worker coverage under the Code.
The Survey urges the State to act under uncertainty by structuring risk and learning through experimentation. The key takeaway is a shift from control-led regulation to capability-driven governance.
The order holds that failure to issue share certificates within the prescribed two-month period attracts penalties under Section 56(6). Subsequent rectification does not erase the original default.
The notification substitutes updated tariff tables for specified imports while retaining existing values. The key takeaway is valuation continuity for listed goods from 30 January 2026.
The Government has issued draft Coal Mines Safety Regulations, 2026 under the OSHWC Code, detailing safety standards, certification, mine management duties, and compliance requirements.
