Fema / RBI : RBI has launched the Integrated Ombudsman Scheme, 2026, providing a centralized, cost-free mechanism for resolving complaints agai...
Fema / RBI : RBI has updated the FLA Return FAQs, clarifying who must file, the 15 July deadline, revision procedures, and reporting requiremen...
Income Tax : Learn who can apply for an advance ruling, applicable fees, withdrawal rules, and its binding effect under the Income-tax Act. The...
Company Law : The document clarifies that a director's resignation becomes effective upon receipt by the company or the specified future date, w...
Income Tax : Understand who must undergo a tax audit under Section 44AB, the applicable turnover limits, audit forms, filing procedure, due dat...
Corporate Law : MoSPI will introduce the Index of Services Production (ISP) to measure short-term changes in the formal services sector. The month...
Finance : The FAQs clarify the implementation of the IFSCA AML/CFT/KYC Guidelines, covering customer due diligence, reporting obligations, g...
Finance : The IFSCAs updated framework supersedes previous sandbox regulations and establishes a unified regime for FinTech testing in IFSCs...
Finance : The Government has exempted interest and capital gains earned by FPIs on Government securities from income tax with effect from 1 ...
Fema / RBI : RBI has clarified reporting requirements, valuation methods, submission procedures, and entity obligations under the Portfolio Inv...
SEBI : NSE released detailed FAQs to address practical issues in submitting Quarterly Integrated Filing – Governance reports through XB...
Finance : The circular addresses uncertainty in FLA reporting FAQs under FEMA. It directs institutions to pause action until regulatory clar...
Corporate Law : FSSAI introduced perpetual licenses and simplified registration norms to ease compliance. The reforms reduce costs while maintaini...
SEBI : FPIs can now apply for Digital Signature Certificates directly within the CAF portal. The move simplifies onboarding and reduces p...
Goods and Services Tax : GSTN has clarified key issues on filing annual returns through consolidated FAQs. The guidance explains ITC reporting, auto-popula...
Learn how rental income is taxed, who is treated as the owner, and how deductions under Section 24 are computed. The guidance also explains tax treatment for self-occupied, let-out, and deemed let-out properties.
Learn when monetary, immovable, and movable property gifts become taxable under the Income-tax Act. The FAQs explain exemptions, thresholds, relatives, and key tax rules applicable to individuals and HUFs.
This guide explains the presumptive taxation schemes available under the Income-tax Act, including Sections 44AD, 44ADA, and 44AE. It outlines eligibility, turnover limits, presumptive income rates, and compliance requirements for businesses and professionals.
RBI has issued FAQs explaining how banks should implement swap facilities for FCNR(B) deposits, ECBs, and OFCBs. The clarifications cover loans, SBLCs, lien marking, swap eligibility, interest rates, and operational procedures.
A comprehensive roundup of the latest ED and CBI investigations covering money laundering, corruption, builder-bank nexus, and financial fraud. The update highlights major enforcement trends and key regulatory developments across India.
This comprehensive FAQ explains the TDS provisions applicable for AY 2026-27, including rates, thresholds, compliance obligations, and taxpayer rights. It also covers Forms 15G, 15H, 15CA, 15CB, Form 26AS, and penalties for non-compliance.
Learn how Section 161 of the Income-tax Act, 2025 establishes the arm’s length principle for international and specified domestic transactions. The provision ensures related-party transactions are taxed at market value to prevent profit shifting.
This FAQ guide explains the applicability of ITR forms, filing methods, due dates, penalties, and taxpayer obligations for AY 2026-27. It also clarifies revised, belated, and updated return provisions to help ensure accurate compliance.
This guide explains how taxable income and tax liability are computed under the Income-tax Act, from Gross Total Income to the final tax payable. It also covers deductions, rebates, surcharge, cess, and prepaid tax adjustments.
Learn the important FAQs for filing Income-tax Returns for AY 2026-27, including disclosures relating to foreign assets, capital gains, directors, and unlisted shares. The guidance clarifies mandatory reporting requirements to ensure accurate and compliant ITR filing.
