Latest Tax Updates, News, Articles & Notifications
The Central Board of Direct Taxes (CBDT) has formally notified the Income-tax Rules, 2026 vide Notification No. G.S.R. 198(E) dated March 20, 2026, under Section 533 of the Income-tax Act, … Read More
Why Form Renumbering Matters Now The Income Tax Act, 2025 takes effect on April 1, 2026, replacing the 63-year-old Income Tax Act, 1961. Along with the new Act, the government … Read More
Two Major Deadlines You Cannot Afford to Miss March 31, 2026 is not just the end of the financial year. It marks the effective date of a landmark change to … Read More
The Income-tax Act, 2025 will replace the six-decade-old Income-tax Act, 1961 with effect from April 1, 2026. This is the most significant overhaul of India’s direct tax framework in over … Read More
The Central Board of Direct Taxes (CBDT) has issued Notification No. 19/2026 (G.S.R. 158(E)) dated March 5, 2026, introducing significant amendments to the Income-tax Rules, 1962. The notification amends Rules … Read More
Taxation of ESOPs Employee Stock Option Plans (ESOPs) are a fantastic way for companies to reward and retain talent. However, understanding the taxation of ESOPs can be a bit tricky. … Read More
Block Assessment in case of Search Proceedings Re-introduced in the Budget 2024: 1. There is a radical change brought in Chapter XIV-B pertaining to conducting the assessment proceedings in consequent … Read More
Amendments made in Form 3CD effective from AY 2024-25: Below are the clauses in which changes are made: 1. Clause 8a (Whether company has opted for the special tax regime … Read More
TDS on Partner’s Remuneration introduced in the Budget 2024: Introduction: 1. Budget 2024 proposes a deduction of TDS @ 10% on payment by a partnership firm or a LLP to … Read More
What is lower tax deduction certificate (TDS)? 1. Under Section 197 of the Income Tax Act, 1961 the assessee can apply for a lower rate of tax to be deducted … Read More
