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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 2025-26 Proposes 8 Key GST Amendments

February 1, 2025 19506 Views 0 comment Print

Budget 2025-26 introduces GST amendments to streamline trade facilitation, including changes in input tax credit distribution, track and trace mechanisms, and penalties.

Summary of Union Budget 2025-26

February 1, 2025 19173 Views 0 comment Print

Read the key takeaways from the Union Budget 2025-26, focusing on tax reforms, agriculture, MSMEs, and infrastructure development.

Highlights Of Union Budget 2025-26

February 1, 2025 16803 Views 0 comment Print

Key takeaways from Union Budget 2025-26: Agriculture, MSMEs, investments, reforms, tax updates, and focus on infrastructure and innovation.

Union Budget 2025: Key Industry and Common Man Expectations

February 1, 2025 2787 Views 0 comment Print

Union Budget 2025 expectations include tax relief, GST reforms, R&D support, and measures for MSMEs. Common demands focus on easing compliance and boosting competitiveness.

PM’s Remarks on Budget Session and Vision for Developed India

February 1, 2025 348 Views 0 comment Print

Read Prime Minister’s remarks at the beginning of the Budget Session, emphasizing development, gender equality, and youth empowerment towards a prosperous India by 2047.

Union Budget 2025-26 – Corporate Tax Wishlist

January 31, 2025 6681 Views 0 comment Print

Explore corporate tax reforms expected in Union Budget 2025-26, including CSR deductions, TDS rationalization, MSME payment rules, and start-up incentives.

Webinar on Budget 2025 – In-depth Analysis of Income Tax Amendments

January 31, 2025 17910 Views 1 comment Print

Join us for an insightful session with CA Bikash Bogi, a seasoned tax expert with over 15 years of practical experience, as he breaks down the key direct tax amendments proposed in the Union Budget 2025.

Importance of Budget Preparation for Financial Discipline

January 27, 2025 1440 Views 0 comment Print

Learn how preparing a budget—whether personal, business, or government—ensures financial stability and discipline in daily life and planning.

Common Man Expectations from Union Budget 2025

January 26, 2025 1293 Views 0 comment Print

Discover the common man’s expectations from Budget 2025, including tax reforms, fund utilization, and real estate regulations.

Expectations of Tax Payers in Budget 2025-26

January 24, 2025 2106 Views 1 comment Print

Explore key taxpayer expectations for Budget 2025-26, including revised tax slabs, increased deductions, and simplified compliance for individuals and charitable trusts.

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