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Excise Duty : The government has withdrawn an earlier central excise exemption notification with effect from 2 February 2026.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...
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
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
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.
Explore the key highlights of Budget 2024, featuring tax rate continuity, withdrawal of outstanding direct tax demands, significant achievements in direct and indirect tax collections, and a promising economic outlook
Explore the key highlights of the Finance Minister direct tax proposals, including unchanged tax rates, withdrawal of outstanding demands, and extended benefits for Start-Ups and investments, with insights into the economy’s transformation.
Explore the implications of Finance Bill 2024 changes to the Input Service Distributor (ISD) mechanism in the GST Law, including mandatory distribution, expanded scope, and procedural adjustments.
Explore the Interim Budget 2024-25 highlights as Union Finance Minister Nirmala Sitharaman reveals a remarkable threefold increase in direct tax collections and a surge in return filers. Discover tax rate reductions, improved services, and the swift processing of returns.
Discover the financial landscape as Finance Minister Nirmala Sitharaman reveals the success of GST, doubling monthly collections to ₹1.66 lakh crore. Learn about increased state revenues and consumer advantages
Explore the Interim Budget 2024 key highlights – unchanged tax rates, relief for direct tax demands, and benefits for startups. Details from Finance Minister Nirmala Sitharaman.
Explore the major announcements from the Ministry of Finance in the Interim Union Budget 2024-25, covering social justice, infrastructure, taxes, and economic reforms.
