Income Tax : Budget 2026 has extended the due dates for ITR-3, ITR-4, and revised returns, offering taxpayers greater flexibility. Understandin...
Income Tax : The article explains how the Finance Act, 2026 replaced the deemed dividend framework with capital gains taxation. The change allo...
Income Tax : Taxpayers now get three extra months to correct mistakes in originally filed income tax returns. The revised return mechanism rema...
Finance : Secondary SGB buyers must now pay 12.5% LTCG tax, unlike primary holders. The change reshapes returns and investment strategies in...
Income Tax : Establishes that higher tax burdens on promoters under the new regime require companies to reassess payout strategies. The takeawa...
Income Tax : The amendments focus on reassessment timelines, electronic communication, and procedural clarity. The changes aim to reduce litiga...
Income Tax : The Government introduced reforms to simplify tax dispute resolution, including broader immunity provisions and expanded scope for...
Income Tax : A focused session breaks down recent Budget amendments affecting NRI taxation. It highlights how changes impact income, investment...
CA, CS, CMA : Budget 2026 prioritises easing compliance, reducing penalties, and cutting litigation rather than raising tax rates. The reforms a...
Custom Duty : New baggage rules and processing regulations are notified, replacing earlier frameworks and aligning customs procedures for passen...
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...
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...
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 ...
Income Tax : CBDT updated DIN rules to align with new provisions introduced under the Finance Act, 2026. The circular mandates DIN for most tax...
Income Tax : The Finance Act, 2026 prescribes income-tax rates, surcharge, and cess for the assessment year 2026–27. It establishes the legal...
Excise Duty : The government has withdrawn an earlier central excise exemption notification with effect from 2 February 2026. The rescission is ...
Excise Duty : The government has extended key excise provisions and introduced a specific duty structure for CNG blended with biogas. The key ta...
Excise Duty : The government has reduced the effective National Calamity Contingent Duty on specified tobacco products. The key takeaway is a ca...
Explore the enhanced benefits of Tax Regime 3.0 introduced in Budget 2024. Learn about simplified rates, increased deductions, and how it impacts your tax efficiency.
Discover key GST reforms from Budget 2024 including scope of supply, ITC amendments, and new penalty provisions aimed at simplifying compliance and reducing litigation.
Explore Budget 2024’s focus on MSMEs with new credit assessments, credit guarantees, Mudra loan increases, and support for global expansion and e-commerce.
Explore Budget 2024-25’s Section 194T, mandating 10% TDS on payments exceeding Rs. 20,000 to firm partners, effective April 2025.
Explore the 5 key proposals in capital gains taxation introduced in Budget 2024. Learn about changes in exemption limits, tax rates, and holding periods.
Explore the controversial changes in capital gains tax introduced in Budget 2024. Understand the impact on investors and real estate, and why reconsideration is crucial.
बजट 2024 में GST की धारा 73 और 74 को हटाकर नई धारा 74A लागू की गई है। यह धारा FRAUD और UNFRAUD मामलों के कर और पेनाल्टी निर्धारण को एकीकृत करती है।
जानें बजट 2024 में जीएसटी एक्ट 2017 के तहत प्रस्तावित धारा 128A के बारे में, जो धारा 73 के तहत जारी नोटिस और आदेशों के संबंध में करदाताओं को ब्याज और जुर्माने से राहत देती है।
जानिए भारतीय आयकर अधिनियम 1961 की धारा 194T के तहत साझेदारी फर्मों द्वारा भागीदारों को दिए गए वेतन, पारिश्रमिक, ब्याज, बोनस और कमीशन पर TDS के नए प्रावधान के बारे में।
Discover the July 2024 Budget’s impact on share buybacks, now deemed dividends, and its implications for companies and shareholders in India’s evolving tax landscape.
