India has consistently maintained that the power to enact laws rests exclusively with its Parliament, acting within the framework of the Constitution and guided by the country’s democratic processes. As… Read More
Alternative (lower) tax regimes are available to assessees other than individuals/HUFs under the Income Tax Act. What does it mean? The Income Tax Act offers certain companies and co-operative societies… Read More
ITR Filing Assessment Year 2026-27: Due Dates, New ITR Changes, Revised Return Rules & Compliance Guide The due dates for filing of ITRs for various types of assessees are as… Read More
Tax Audit at a Glance: Important Points for Futures & Options Traders Income Tax Treatment of Futures & Options Traders Under the Income Tax Act, Futures & Options Traders on… Read More
Common Misconception of Crypto taxation in India Crypto Futures Contracts A crypto futures contract is a legal agreement between two parties to buy or sell a cryptocurrency at a predetermined… Read More
HRA Exemption under Old Tax Regime: New Rules Effective from 1 April 2026 Salaried Employees & HRA: New Rules Effective from 1 April 2026 The new House Rent Allowance framework,… Read More
Application Process & Form Reorganization Under the Income Tax Rules, 2026 With the implementation of the Income Tax Rules, 2026, the process for obtaining a permanent account number has undergone significant… Read More
New Permanent Account Number Quoting Rules Effective from 1 April 2026 The tax dept has introduced revised thresholds for quoting the Permanent Account Number in specified financial transactions. The objective is… Read More
August 2026 Compliance Calendar | GST, ITR, TDS Due Dates Stay compliant and avoid late fees by tracking these important statutory due dates for August 2026. GST Monthly Compliances 🔹… Read More
Calculation while computing GST Interest & Late fee The Goods and Services Tax Interest & Late Fee Calculator helps taxpayers accurately estimate the cost of delayed GST payments and late… Read More