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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 5727 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 3198 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 2283 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 3882 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 4761 Views 0 comment Print


Interim Budget And Vote on Account: What And Why

January 31, 2024 2169 Views 0 comment Print

Explore the intricacies of India Interim Budget and Vote-on-Account. Understand their evolution, significance, and the crucial role they play in managing government finances, especially during election years. Delve into the differences and learn how these financial tools ensure smooth governance transitions

वित्त मंत्री के बजट में करदाताओं और विभिन्न सेक्टर्स के उधोगों को बहुत सारी उम्मीदें है

January 31, 2024 741 Views 0 comment Print

भारत की वित्त मंत्री श्रीमती निर्मला सीतारमण लगातार छठवीं बार केंद्रीय बजट पेश करने वाली हैं कल 01 फरवरी 2024 को बह सरकार का अंतरिम बजट पेश करेंगी।इस बार के बजट पर करदाताओं और विभिन्न सेक्टर्स के उधोगों को बहुत सारी उम्मीदें है। देखना ये है कि वित्त मंत्री क्या देती हैं. मिडिल क्लास के लिए क्या कुछ खास होने वाला है या फिर टैक्स स्लैब जस का तस रहने वाला है. क्या करदाताओं को इनकम टैक्स (Income tax) के मामले में सरकार कोई बड़ा गिफ्ट ऑफर करेगी?

Personal Budget before National Budget

January 29, 2024 1197 Views 0 comment Print

Explore the significance of personal budgeting and debt planning in achieving financial stability. Learn the art of managing expenses and loans for a worry-free life.

Interim Budget 2024 Expectations: Taxation and Deduction Reforms

January 18, 2024 1527 Views 0 comment Print

Anticipating changes in Interim Budget 2024: Expectations include increased basic exemption, enhanced investment-linked deductions, and revised limits for medical premiums.

Union Budget 2023 Announcements: Promises and Progress

January 16, 2024 1377 Views 0 comment Print

Explore key promises made in past Union Budgets and track the government’s progress in fulfilling them. From MSME benefits to tax exemptions, a comprehensive overview awaits.

Budget 2024-25: Changes in ICES by Directorate General of Systems

January 16, 2024 1758 Views 0 comment Print

Stay informed about the Union Budget 2024-25 changes in ICES. Learn how the Directorate General of Systems manages updates and their impact on customs procedures.

Remove Section 36(1) (va) of the Income Tax Act from inception

January 15, 2024 2436 Views 0 comment Print

Explore the impact of removing Section 36(1)(va) for employer contributions under Section 43B. Learn how it affects Provident Fund, ESI, and the call for equitable tax treatment.

Pre-Budget Memorandum in response to Union Budget, 2024

January 3, 2024 4560 Views 0 comment Print

Explore detailed recommendations by Income Tax Bar, Jalandhar for Union Budget 2024. Analysis of tax proposals, amendments, and suggestions for a robust fiscal policy

Analyzing the taxability of online gaming vis-a-vis Finance Bill, 2023: A conspicuous intention with poor implementation

September 17, 2023 5460 Views 0 comment Print

Explore tax implications of online gaming in India under Finance Bill, 2023. Learn about new tax deductions and regulations for online gaming income.

What is a rolling budget? Pros and Cons of using it

September 11, 2023 1860 Views 0 comment Print

Discover the concept of rolling budgets, a dynamic financial planning approach that adapts to changes. Explore its pros and cons, suitability, and the process involved, offering insights for businesses seeking flexible and continuous budgeting strategies.

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