Explains how Draft Form 26 fundamentally reshapes tax audit reporting by expanding it beyond book-to-tax reconciliation. The key takeaway is that tax audits will now function as a full-spectrum compliance and risk-validation tool.
Explains why due diligence is meant to identify and manage risks early, helping transactions proceed on informed and confident terms.
Examines how rapid economic and infrastructure growth often outpaces education quality, accountability, and social well-being, raising questions about humane development.
Explains how control and statutory liability rest with the Data Fiduciary, while Data Processors operate under contractual instructions with indirect exposure.
Explains why general ITC entitlement under Section 16(1) is curtailed by specific blocks in Section 17(5), and how courts reconcile both within GST’s value-added framework.
Setting aside an unauthorised transfer order, the Court held that CJMs lack jurisdiction to move criminal trials between courts. The ruling reinforces strict adherence to statutory limits on judicial powers.
Learn how Section 87A rebate works with LTCG u/s 112A under the new tax regime for FY 2025–26. Eligibility, limits, and tax calculation explained simply.
Explains how the new tax regime under Section 115BAC impacts higher-income salaried taxpayers, analysing the 25% slab, loss of deductions, marginal tax effect, and whether salary hikes still lead to real take-home growth.
Growth-focused India Budget 2026 boosts MSMEs, textiles, tech, and infrastructure while simplifying taxes, raising select levies, and expanding investment & innovation support.
Fiscal deficit cut, steady tax policy, and financial reforms define a prudent Budget, but success depends on execution, growth sustainability, and market stability.
