Breaking News!!! Income Tax Rules, 2026 Notified!
The Ministry of Finance on Friday, the 20th of March 2026 notified the Income Tax Rules 2026 set to come into effect on 01.04.2026
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Income Tax
New Income Tax Act 2025: Only 54 of 190 Forms Ready Before April 1. Is India Prepared for the Transition?
Only 54 of the 190 forms required under the new Income Tax Act 2025 will be ready before April 1, 2026. A parliamentary panel has urged stress testing of the e-filing portal. Here’s what taxpayers and professionals need to know.
GST Cash Ledger vs. Income Tax “Cash Ledger”: Concept and Challenges
A discussion on a tweet by the handle @TaxationUpdates on X. A cash Ledger in Income Tax. A reality?
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Budget 2026 Proposals – Direct Tax
Spread the love On 1st February 2026, the H’ble Finance Minister Mrs.Nirmala Sitharaman presented the India Budget 2026 in the Lok Sabha. In the Budget presented by the H’ble FM
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The Real Bigg Boss Game ft. Income Tax Department (2026)
Bigg Boss Season 9 Tamil has taken Tamil Nadu by storm once again. As the season races toward its finale, we dive into the taxation of winnings from gameshows.
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CBDT Nudge Campaign to MNCs on Foreign Assets: Overreach or Necessary? (2025 Deadline)
Explore if the Income Tax Department’s nudge campaign to MNCs for undisclosed foreign assets is administrative overreach. Key insights on Schedule FA, Black Money Act penalties, and Dec 31, 2025 revised ITR deadline.
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ITAT Mumbai on Form 10 IC Delay | 115BAA Relief
The ITAT Mumbai had recently allowed relief to an Assessee claiming benifit u/s 115BAA inspite of the Form 10 IC delay. This article dives into the analysis of the case.
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Are Compensation Payments from Airlines Taxable in India? What is in for Passengers affected due to Indigo Disruptions?
India’s aviation scene hit turbulence in early December 2025 when IndiGo, holding over 60% of the domestic market, faced massive operational issues. Indigo disruptions have caused more worries with taxpayers.
Capital Gains Accounts (Second Amendment) Scheme, 2025
Spread the love Introduction The Ministry of Finance (Department of Revenue) has notified the Capital Gains Accounts (Second Amendment) Scheme, 2025 on 19th November 2025 by way of Notification No.
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