New Income-tax Forms Renumbered under ITA 2025 & Income-tax Rules, 2026 – Complete Guide India’s Income-tax law is undergoing its biggest structural transformation with the introduction of the Income-tax Act, 2025 (ITA 2025) , supported by the…
Budget 2026: Key Compliance Relief Measures – Penalties Rationalised into Fixed Fees One of the most taxpayer-friendly reforms announced in Union Budget 2026 is the restructuring of penalties for procedural and technical defaults under the Income-…
Direct Tax Proposals in Union Budget 2026 – A Transformational Shift in India’s Tax Framework The Union Budget 2026 marks a historic milestone in India’s direct taxation landscape. The Government has unveiled a comprehensive, future-ready set of Di…
cash-transaction penalty provisions under the Indian Income Tax Act (including as applicable under the new Income Tax Act, 2025) . These rules aim to curb large cash dealings, promote digital/traceable payments, and discourage tax evasion. Most prov…
Navigating India's Goods and Services Tax (GST) system, particularly for Goods Transport Agency (GTA) services, requires a clear understanding of dual-rate structures and the Reverse Charge Mechanism (RCM) . These rules directly impact a busi…
