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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


Brief Note on Interim Union Budget For FY 2024-25

February 4, 2024 1710 Views 0 comment Print

Explore the highlights of Interim Union Budget 2024-25, its impact on direct and indirect taxation, GDP projections, and key changes in GST. Stay informed with our detailed analysis

Highlights of Finance Bill, 2024

February 2, 2024 4773 Views 0 comment Print

Explore the key highlights of Finance Bill 2024, covering tax rate updates, deduction amendments, faceless scheme implementation, and changes in TCS regulations.

Startups and Interim Budget 2024

February 2, 2024 1248 Views 0 comment Print

Explore the key takeaways for startups from India’s Interim Budget 2024, including a substantial one trillion fund for low-interest loans and an extended tax advantage.

Impact of Interim Budget 2024: Presumptive Tax, Tax Regimes & Faceless Assessment

February 2, 2024 2100 Views 0 comment Print

Explore potential amendments to presumptive taxation, concerns about the New Tax Regime impact, and insights on Faceless Assessment in the recent interim budget. Understand the proposed withdrawal of outstanding demands and its implications.

Top Expenditures Planned in Interim Budget 2024

February 2, 2024 927 Views 0 comment Print

Explore the transformative Interim Budget 2024-25 driving economic growth with increased capital expenditure. Key allocations to Defence, Roads, Railways, and Consumer Affairs revealed.

Interim Budget Changes – Indirect Tax – 2024

February 2, 2024 1458 Views 0 comment Print

Stay updated on the latest changes in GST regulations from the 52nd GST Council Meeting. Explore amendments in ISD provisions and special compliance procedures for manufacturing Pan-masala and tobacco products.

Interim Union Budget 2024-25: A Vision for India’s Development

February 2, 2024 2991 Views 0 comment Print

Explore the key highlights of the Interim Union Budget 2024-25, focusing on economic growth, social initiatives, and fiscal policies for a developed India by 2047.

Changes under Income Tax in Interim Budget 2024-25

February 2, 2024 19422 Views 2 comments Print

Gain insight into the changes in Interim Budget 2024-25 with the key phrase “Changes under Income Tax in Interim Budget 2024-25”. Explore pro-people programmes, structural reforms and more from FM Sitharaman

Changes under GST in Interim Budget 2024-25

February 2, 2024 7926 Views 0 comment Print

Tax base has doubled: Key Highlights of Interim Budget 2024-25 changes under GST and reductions in prices and logistics costs benefitting taxpayers and consumers

Union Budget 2024: Section 122A – Penalty for Failure to Register Machines

February 1, 2024 7140 Views 1 comment Print

Explore the amendments proposed in the Finance Bill 2024, introducing Section 122A in the Union Budget. Learn about penalties for unregistered machines and special procedures.

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