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Your Gold Bond Tax Break Is Gone, Here’s What It Actually Costs You

Finance : Secondary SGB buyers must now pay 12.5% LTCG tax, unlike primary holders. The change reshapes returns and investment strategies in...

April 30, 2026 873 Views 0 comment Print

Buyback Tax Reset: Promoter Penalty and New Capital Gains Framework

Income Tax : Establishes that higher tax burdens on promoters under the new regime require companies to reassess payout strategies. The takeawa...

April 16, 2026 681 Views 0 comment Print

JAO vs FAO Controversy: Retrospective Amendments by Finance Act 2026 & Constitutional Validity

Finance : The Supreme Court has allowed taxpayers to challenge retrospective amendments validating JAO reassessment actions. It stayed ongoi...

April 13, 2026 5733 Views 0 comment Print

Buy Back Taxation – Finance Act – 2026 – Resettling the unsettled…..

Income Tax : The issue arose from taxing buybacks as dividends, causing higher tax burden and unusable capital losses. The reform restores capi...

March 30, 2026 3201 Views 0 comment Print

Section 36(1)(va) Disallowance: Budget 2026 Ends Long Litigation—What About Old Cases?

Income Tax : The Supreme Court has admitted a case to resolve conflicting interpretations of due dates for PF/ESI contributions. The ruling wil...

March 18, 2026 1320 Views 0 comment Print


Latest News


Finance Bill 2026: Notice of Amendments as introduced in Lok Sabha

Income Tax : The amendments focus on reassessment timelines, electronic communication, and procedural clarity. The changes aim to reduce litiga...

March 26, 2026 6666 Views 1 comment Print

Finance Bill 2026 Expands Immunity Even for Misreporting of Income to Reduce Tax Litigation

Income Tax : The Government introduced reforms to simplify tax dispute resolution, including broader immunity provisions and expanded scope for...

March 18, 2026 639 Views 0 comment Print

Decoding Budget Amendments in NRI Taxation – Post-Budget Special | Live Focused Session

Income Tax : A focused session breaks down recent Budget amendments affecting NRI taxation. It highlights how changes impact income, investment...

February 5, 2026 5904 Views 0 comment Print

Major Key Point of Budget 2026

CA, CS, CMA : Budget 2026 prioritises easing compliance, reducing penalties, and cutting litigation rather than raising tax rates. The reforms a...

February 2, 2026 1668 Views 0 comment Print

Budget 2026: Explanatory Memoranda to Customs and Central Excise changes

Custom Duty : New baggage rules and processing regulations are notified, replacing earlier frameworks and aligning customs procedures for passen...

February 1, 2026 1425 Views 0 comment Print


Latest Judiciary


Key GST Amendments in Finance Bill 2024

Goods and Services Tax : Discover the key amendments in the Finance (No. 2) Bill, 2024, affecting CGST, IGST, UTGST, and Cess Act, including tax exemptions...

July 26, 2024 5514 Views 1 comment Print

Plea in Madras HC on Penalty on CAs for Filing Wrong Information- Section 271J

Income Tax : A petition has been filed in the Madras High Court challenging the section 271J of the Income Tax Act inserted vide Finance Act 2...

May 9, 2017 5802 Views 2 comments Print

In all cases where additional evidence is admitted, the CIT (A) should be considered to have exercised his powers u/s 250(4) is not acceptable

Income Tax : U/s 250(4), the CIT (A) has the power to direct enquiry and call for evidence from the assessee. Under Rule 46A, the assessee has ...

March 18, 2012 2645 Views 0 comment Print


Latest Notifications


CBDT revises Mandatory DIN Requirement to align with Finance Act 2026

Income Tax : CBDT updated DIN rules to align with new provisions introduced under the Finance Act, 2026. The circular mandates DIN for most tax...

March 31, 2026 2286 Views 0 comment Print

Finance Act 2026

Income Tax : The Finance Act, 2026 prescribes income-tax rates, surcharge, and cess for the assessment year 2026–27. It establishes the legal...

March 30, 2026 3888 Views 0 comment Print

CBIC rescinds notification No. 5/2023-Central Excise dated 1.2.2023

Excise Duty : The government has withdrawn an earlier central excise exemption notification with effect from 2 February 2026. The rescission is ...

February 1, 2026 1041 Views 0 comment Print

CBIC Exempts Biogas in Blended CNG from Excise Value; Defers Additional Duty on Diesel

Excise Duty : The government has extended key excise provisions and introduced a specific duty structure for CNG blended with biogas. The key ta...

February 1, 2026 1260 Views 0 comment Print

Central Excise Notification Caps NCCD on Chewing & Jarda Scented Tobacco at 25%

Excise Duty : The government has reduced the effective National Calamity Contingent Duty on specified tobacco products. The key takeaway is a ca...

February 1, 2026 4764 Views 0 comment Print


Budget 2025 Highlights: Tax, GST & MSME Changes Explained

February 4, 2025 5127 Views 0 comment Print

Explore key Budget 2025 changes in income tax, GST, and MSMEs, including new tax slabs, TDS changes, and more.

Why the ₹12 Lakh Income Exemption Worried Some Taxpayers?

February 4, 2025 3450 Views 3 comments Print

Learn how the Marginal Relief provision in the Union Budget 2025 helps taxpayers avoid high tax payments for small income increases.

Union Budget 2025-26: Direct & Indirect Tax Highlights

February 4, 2025 3462 Views 0 comment Print

Key highlights of Union Budget 2025-26 on GST, customs, and tax reforms, including input tax credit changes, customs duty reductions, and trade facilitation measures.

Budget 2025: Transfer Pricing Amendments

February 4, 2025 3225 Views 0 comment Print

Learn about the amendments to Section 92CA concerning references to the Transfer Pricing Officer for determining arm’s length pricing in international and domestic transactions.

Googly in the form of Budget 2025-26 I Revenue Vs Expenditure Imbalance

February 4, 2025 3270 Views 1 comment Print

Explore the impact of tax exemptions in Budget 2025-26 and the potential consequences for revenue and economic growth.

Budget 2025: Key Updates on Income Tax Slabs & Deductions

February 4, 2025 48636 Views 6 comments Print

Budget 2025 introduces new income tax slabs, deductions, and extensions, including updates on TDS, rebates, and presumptive schemes for NRIs.

Finance Bill, 2025: Highlights of Direct Taxes & GST Proposals

February 4, 2025 16173 Views 0 comment Print

Budget 2025 includes changes in direct taxes, GST amendments, and tax compliance measures, focusing on simplified taxation and improved ease of business.

Compilation of General Direct Tax Provisions of Finance Bill, 2025

February 3, 2025 3834 Views 0 comment Print

Finance Bill 2025 introduces changes in direct tax provisions, including revised tax slabs, exemptions, and TDS thresholds. Effective from April 2025.

Key Proposals of Union Budget, 2025 (Income Tax)

February 3, 2025 2703 Views 0 comment Print

Key proposals of the Union Budget 2025 focus on tax slab revisions, TDS changes, NPS Vatsalya benefits, and simplified compliance.

Union Budget 2025: Key Highlights and Tax Reforms

February 3, 2025 3750 Views 0 comment Print

Union Budget 2025 focuses on growth engines like MSME, agriculture, and exports. Major tax reforms include a ₹12L exemption limit & updated GST provisions.

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