CBDT has notified the new Income-Tax Rules, 2026 which shall be applicable from 1st April, 2026
The Central Board of Direct Taxes (CBDT) has notified the new Income-Tax Rules, 2026 (“Rules”) superseding the existing Income Tax Rules,1962. The […]
CBDT seeks inputs and suggestions on the proposed Income Tax Rules, 2026 from the stakeholders and members of public up to 22nd February 2026
The Central Board of Direct Taxes (CBDT) has published a draft of proposed Income Tax Rules, 2026 and Forms (“Draft Rules”) to […]
Key amendments proposed under Direct and Indirect tax laws in the Finance Bill, 2026
Finance Bill, 2026 has been introduced in the Lok Sabha on 1st February 2026 and various amendments have been proposed under Direct […]
DGFT issues clarification on the closure of Advance Authorisation through online system
Directorate General of Foreign Trade (DGFT) in its recent trade notice has issued clarification on difficulties faced by the exporters in closing […]
CBDT issues extension in timeline for furnishing report under Form 56F by the newly established entities operating in Free Trade Zones
Central Board of Direct Taxes (CBDT) in its recent circular has issued extension in timeline for furnishing report under Form 56F by […]
Key amendments proposed under direct and indirect taxes in the Finance Bill, 2025-26
Finance Bill, 2025 has been introduced in the Lok Sabha on 01st February, 2025 and has proposed various amendments under Direct and […]
Key highlights on the outcome of the 55th GST Council Meeting
GST Council held its 55th meeting at Jaisalmer. In the meeting, GST Council has recommended changes related to GST tax rates, measures […]
CBDT notifies procedure for making declaration and furnishing undertaking under The Direct Tax Vivad Se Vishwas Rules, 2024
Central Board of Direct Taxes has issued Notification No. 4 of 2024 for the procedure for making declaration and furnishing undertaking in […]
Goods and Services Tax Network issues draft manual on Invoice Management System
Goods and Services Tax Network (“GSTN”) in its recent update has issued a detailed draft manual on Invoice Management System (IMS) in […]
Key highlights on the outcome of the 54th GST Council Meeting
GST Council held its 54th meeting at New Delhi. In the meeting, GST Council has recommended changes related to GST tax rates, […]
Key amendments proposed under direct and indirect taxes in the Finance Bill, 2024-25
Finance Bill, 2024 has been introduced in the Lok Sabha on 23rd July, 2024 and has proposed various amendments under Direct and […]
Central Board of Direct Taxes (CBDT) issues clarification on time limit for verification of Income Tax return post uploading
Central Board of Direct Taxes (CBDT) has issued Notification No. 2/2024 to provide clarification on time limit for verification of Income Tax […]