Latest Tax Updates, News, Articles & Notifications
The Ministry of Corporate Affairs (MCA) has issued a notification dated March 10, 2026, introducing the Companies (Accounting Standards) Amendment Rules, 2026. The amendment modifies AS-22 (Accounting for Taxes on … 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
The Reserve Bank of India has notified the Foreign Exchange Management (Guarantees) Regulations, 2026, replacing the two-decade-old FEM (Guarantees) Regulations, 2000. Announced on January 6, 2026, the new framework represents … Read More
In a significant move to ease the compliance burden on India’s corporate directors, the Ministry of Corporate Affairs (MCA) has replaced the annual Director KYC requirement with a simplified triennial … Read More
The Ministry of Corporate Affairs (MCA) has announced the Companies Compliance Facilitation Scheme (CCFS) 2026, a one-time amnesty window under Sections 403 and 460 of the Companies Act, 2013. The … Read More
The Reserve Bank of India (RBI) has issued the Foreign Exchange Management (Guarantees) Regulations, 2026, effective from 6th January 2026, replacing the archaic FEMA (Guarantees) Regulations, 2000 that had governed … Read More
MCA issues Merger and Amalgamation Amendment Rules effective from 17th September. As per the amendment, Foreign Company being the Holding Company and Transferee WOS Indian subsidiary can enter into merger … 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
