Latest Tax Updates, News, Articles & Notifications
Key Takeaways CBDT issued 7 corrigendum notifications (No. 57/2026 to 63/2026) on April 10, 2026, correcting errors in all ITR forms for AY 2026-27. ITR-1 gets a completely revamped Schedule-IT … Read More
What Changed: TCS on Foreign Remittances Rationalized The Finance Bill 2026, effective April 1, 2026, has rationalized Tax Collected at Source (TCS) rates on foreign remittances under the Liberalised Remittance … Read More
The Central Board of Direct Taxes (CBDT) has issued Circular No. 4/2026, dated March 31, 2026, mandating revised guidelines for the use of the Document Identification Number (DIN) in all … Read More
The Central Board of Direct Taxes (CBDT) has issued two landmark notifications on March 31, 2026, that directly address the anxiety caused by the Supreme Court’s Tiger Global judgment in … Read More
The 1961 Act Is Gone. Here Is What Replaces It. April 1, 2026 marks one of the most significant dates in Indian tax history. The Income Tax Act, 2025, which … 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
