ITR REFUND ALERT – READ THIS BEFORE 31 DECEMBER The Income Tax Dept. has recently started issuing system-generated SMS/emails to taxpayers informing them that ITR processing and refund issuance have… Read More
Comparison of the new tax regime vs. the old tax regime for FY 2025-26 Comparison of the new tax regime vs. the old tax regime for FY 2025-26, including income… Read More
Data on Direct Tax (DT) collections and Advance Tax collections for FY 2024-25 as on 12.01.2025 has been released. Direct Tax Collections (FY26 up to Sept 17, 2025) Net Direct… Read More
New income tax forms & Expected changes & transitional details as of Dec 2025 When the New Income-Tax Act & New Forms Will Apply : The Income Tax Act, 2025,… Read More
Income-tax notices are increasingly data-driven The Income Tax Department now leverages Annual Information Statement/Taxpayer Information Summary/Statement of Financial Transactions reports, foreign remittance data, and cross-border information exchange to identify inconsistencies… Read More
Compliance Thresholds under the Companies Act, 2013 – Listed vs Public vs Private Companies Under the Companies Act, 2013, statutory compliance requirements vary based on the type of company—listed, public,… Read More
Choosing the right tax regime for FY 2025-26: What’s best for middle-class earners? Every new financial year brings one familiar question for salaried individuals: Which tax regime should I chooseold… Read More
Key NBFC Compliance Requirements (RBI) Registration and Capital NBFC Compliance Requirement Mandatory Registration: Every Non-Banking Financial Companies must obtain a Certificate of Registration (CoR) from RBI under Section 45-IA of the… Read More
Income Tax Communications for Non-Disclosure of Foreign Assets AY 2025-26 (FY 2024-25) In December 2025, the Income Tax Department issued emails, SMS alerts, and portal intimations to taxpayers regarding possible… Read More
TDS on Joint Development Agreements - Section 194-IC JDA is an agreement where a landowner allows development of property in exchange for constructed area and/or cash. Meaning of “Specified Agreement”… Read More