The government has decided to keep small savings interest rates unchanged for January–March 2026. The move ensures stability and predictability for investors relying on these schemes.
The FAQs clarify how excise duty on chewing tobacco, jarda, and gutkha will be levied based on packing machine capacity rather than actual production. Manufacturers must comply with strict declaration, verification, and payment rules from 1 February 2026.
The DA rate for the fourth quarter of FY 2025–26 has been fixed at 53.40% based on recent CPI-IW data. This represents a 1.60% increase over the previous quarter, directly enhancing employee salary payouts.
The new framework mandates DIN KYC filing every third financial year instead of every year. Directors must still promptly report any change in personal information to avoid DIN deactivation.
This explains why recent income disclosure intimations lack statutory support and create uncertainty. The key takeaway is that vague communications without cited legal provisions may not withstand legal scrutiny.
The ITAT ruled that long-term capital gains cannot be treated as bogus solely on suspicion when transactions are supported by proper banking, demat, and broker records.
The issue concerns denial of policy documents by invoking Section 8(1)(g) without justification. It is argued that such a non-speaking reply violates RTI obligations and warrants appellate scrutiny.
The MCA has allowed companies to file annual returns and financial statements for FY 2024–25 up to 31 January 2026 without additional fees. The key takeaway is a temporary but significant compliance relief for delayed filings.
Stakeholders seek more time for GSTR-9 and 9C as new ITC reporting rules introduce granular, multi-year reconciliations that significantly raise compliance effort and risk of errors.
The portal will restrict GSTR-3B filing if ITC reclaims exceed ledger balances. The key takeaway is mandatory correction of excess ITC before return filing.
