Tax Department Issues Alerts Over Undisclosed Foreign Assets
The Income Tax Department has identified several high-risk cases in which taxpayers failed to disclose their foreign assets in their
Regulatory Update
SC Rules TDS on Foreign Payments Cannot Exceed 10% Under DTAA.
The Supreme Court of India has clarified that tax deduction at source (TDS) on remittances to non-resident entities cannot exceed
New Income Tax Law 2025: Coming Into Effect April 1 with Simplified Rules
In a major step toward modernizing India’s tax framework, the government is set to roll out the Income Tax Act,
New Labour Codes 2025: How PF, Gratuity & Salary Structure Will Change
The implementation of India’s four new Labour Codes marks a major reform in the country’s employment and social security landscape.
TDS on Salaries for FY 2025-26 – Filing of Form 12BB for Tax Deduction Claims
On 18 November 2025, the Central Pollution Control Board (CPCB) issued a circular explaining the rules for salary TDS for
Income Tax Refund Delays Explained: CBDT Gives Timeline and Online Tracking Guide
Many taxpayers are still waiting for their income tax refunds, even though some have already received them. CBDT Chairman Ravi
NITI Aayog Panel Recommends Easing FDI Curbs on Chinese Investments
A high-level committee chaired by NITI Aayog member Rajiv Gauba has recommended the government to roll back or significantly ease
Fixing Annual Information Statement Errors: A Practical Guide for AY 2025–26
Taxpayers across India are increasingly encountering mismatches between the data shown in their Annual Information Statement (AIS) and what they
ITAT Chandigarh Rules in Favour of Retired Govt Employee on Leave Encashment Tax Dispute
In a significant ruling dated November 13, 2025, the Income Tax Appellate Tribunal (ITAT) Chandigarh granted partial relief to Mr
Breaking: Govt Tables Bill for 100% FDI in Insurance in Winter Session
The Government plans to come up with a bill in the upcoming Winter Session of Parliament to raise the foreign
Provident Fund and Gratuity Contributions Set to Rise Under New Labour Code: Impact on Take-Home Pay
Under the implementation of the New Labour Code, employees in India may see an increase in provident fund (PF) and
The 2026 Budget Wishlist: Startups Call for Policy Shifts to Fuel Innovation and Investment
Startups Demand Capital Access, IP Reform, and Tax Relief, Ahead of Union Budget 2026 India’s start-up ecosystem has urged the
Four Labour Codes Now in Effect: What’s Changing and How It Impacts Workers
The most-awaited labour reform came into effect on 21 November 2025, when the Government of India implemented four landmark labour
How GST Plays a Crucial Role in a Travel Startup’s Future?
In this dynamic era, where India’s Tour & Travel industry is witnessing exponential growth, CA and a Financial Educator, CA
New 2025 Scheme Simplifies Capital Gains Tax Relief
The government has made it much easier to claim tax relief on capital gains. The Ministry of Finance’s Capital Gains
GSTN Advisory: Furnish Bank Details to Avoid Suspension; Check Exempt Categories
According to the advisory dated 20 November 2025 issued by the Goods and Services Tax Network (GSTN), changes related to
FY 2025–26 Income Tax Slabs: Choosing Between New and Old Regime
As pre-Budget discussions continue for the Union Budget 2025–26, various industries are pushing for measures to support businesses, while taxpayers
PSB Overhaul Ahead: Consolidation, Higher FDI, and Greater Autonomy
The Prime Minister’s Office (PMO) will review a reform plan for Public Sector Banks (PSBs) ahead of the 2026–27 Budget.
How FDI Can Unlock India’s Consumption Economy and Power MSME Growth?
Foreign Direct Investment stands as a crucial enabler for economic development, uniting capital and technology to build robust capacity. Over
EPFO Introduces Easy Online Method to Delink Wrong Member IDs from UAN
Many employees discover that their Universal Account Number (UAN) has been incorrectly linked to a member ID, typically due to
