Professional Tax Insights & Financial Updates

Income Tax 27 Mar 2026

Shekhar Kundra Founder & CEO

Credit Card Transactions Face Enhanced Scrutiny from April 1, 2026

India's new Income Tax Rules 2026, effective April 1, 2026, mandate PAN-linked credit cards and enhance scrutiny on high-value and overseas transactions.

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GST 27 Mar 2026

Ranjam Kundra Director

Mandatory E-invoicing for Nurseries & Large Plant Businesses Under GST

E-invoicing and digital GST filing are now mandatory for nurseries and larger plant businesses, along with clarifications on ITC and GST rates on plants and trees.

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NRI Taxation 27 Mar 2026

Gagandeep Arora Content Writer

India's New Tax Rules Enhance Scrutiny on Non-Resident Income

From April 1, 2026, India's new Income-tax Rules, via Rule 9, empower tax officers with a structured framework to estimate non-resident income, boosting scrutiny.

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Income Tax 27 Mar 2026

Shekhar Kundra Founder & CEO

Income-tax Rules 2026 Bring Sweeping Changes to Forms & Disclosures

India's Income-tax Rules, 2026, effective April 1, 2026, simplify compliance with fewer forms but introduce new disclosure norms for HRA and a 'tax year' concept.

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Business 27 Mar 2026

Ranjam Kundra Director

CBDT Finalizes Transfer Pricing Rules under Income-tax Act, 2025

CBDT finalizes Income-tax Rules, 2026, bringing significant transfer pricing updates to safe harbor, APA process, and compliance standards, effective April 1, 2026.

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Income Tax 27 Mar 2026

Gagandeep Arora Content Writer

Company Car Perk: Higher Tax Burden Under Income Tax Rules 2026

Employees using company cars for personal use will incur higher income tax from April 1, 2026, due to revised perquisite valuations under new tax rules.

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Income Tax 27 Mar 2026

Shekhar Kundra Founder & CEO

New Tax Act 2025: Exempt Income Now Carries Indirect Costs via Rule 14

India's Income-tax Act, 2025 introduces Rule 14 from April 1, 2026, disallowing expenses related to exempt income, signaling a shift to 'tax-efficient' strategies.

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GST, Tax Filing Deadlines 27 Mar 2026

Ranjam Kundra Director

GST Compliance: FY25-26 Composition & LUT Deadlines

Important GST deadlines for FY 2025-26, including opting for the Composition Scheme and submitting LUTs for exports, are set for March 31, 2025.

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TDS, Tax Filing Deadlines, Tax Updates 27 Mar 2026

Gagandeep Arora Content Writer

CBDT Extends TDS Certificate Deadline for Q3 FY2025-26

The CBDT has extended the deadline for issuing TDS certificates for Q3 FY2025-26 (quarter ending December 31, 2025) to March 31, 2026, due to technical glitches on the e-filing portal, providing relief to both deductors and taxpayers.

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Tax Policy 27 Mar 2026

Shekhar Kundra Founder & CEO

Finance Bill 2026 Amendments Aim to Curb Litigation, Simplify Compliance

The Finance Minister has proposed significant amendments to the Finance Bill 2026 to simplify reassessment procedures, enhance tax certainty, and reduce litigation, ahead of the new Income-tax Act 2025 rollout, also including relief on interest liabilities.

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Income Tax 27 Mar 2026

Ranjam Kundra Director

Taxpayers Can Revise ITRs Even Amidst Reassessment Proceedings

The Finance Minister has proposed a reform allowing taxpayers to update their Income Tax Returns (ITRs) even after reassessment proceedings have begun, subject to an additional 10% tax, aiming to reduce litigation and rectify genuine mistakes.

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Income Tax 27 Mar 2026

Gagandeep Arora Content Writer

Income Tax Refund Delays FY 2025-26: Over 27 Lakh ITRs Pending

A significant backlog of over 27 lakh verified Income Tax Returns (ITRs) remains unprocessed for FY 2025-26, leading to prolonged refund delays for taxpayers due to stringent system-driven cross-verification processes.

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Income Tax Updates 26 Mar 2026

Shekhar Kundra Founder & CEO

India Ushers in New Income Tax Act, 2025, and Rules, 2026: Key Changes and Comparison Tool

India is set to implement the new Income Tax Act, 2025, and Income-tax Rules, 2026, from April 1, 2026, bringing changes like a unified 'Tax Year', revamped forms, and an online tool to compare old and new provisions. The old regime's HRA and education allowance benefits also see updates.

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Income Tax Forms 26 Mar 2026

Ranjam Kundra Director

Form 130 to Replace Form 16 for Salary and Pension TDS Certificates from April 1, 2026

Effective April 1, 2026, Form 130 will replace Form 16 as the official TDS certificate for salary and pension income under India's new Income-tax Act, 2025, featuring a detailed, system-generated format.

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TDS Update 26 Mar 2026

Gagandeep Arora Content Writer

CBDT Extends TDS Certificate Issuance Deadline for Q3 FY 2025-26

The CBDT has extended the deadline for issuing TDS certificates (Form 16A) for Q3 FY 2025-26 to March 31, 2026, citing technical glitches on the e-filing portal.

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The Tax Knowledge Hub

Credit Card Transactions Face Enhanced Scrutiny from April 1, 2026

Mandatory E-invoicing for Nurseries & Large Plant Businesses Under GST

India's New Tax Rules Enhance Scrutiny on Non-Resident Income

Income-tax Rules 2026 Bring Sweeping Changes to Forms & Disclosures

CBDT Finalizes Transfer Pricing Rules under Income-tax Act, 2025

Company Car Perk: Higher Tax Burden Under Income Tax Rules 2026

New Tax Act 2025: Exempt Income Now Carries Indirect Costs via Rule 14

GST Compliance: FY25-26 Composition & LUT Deadlines

CBDT Extends TDS Certificate Deadline for Q3 FY2025-26

Finance Bill 2026 Amendments Aim to Curb Litigation, Simplify Compliance

Taxpayers Can Revise ITRs Even Amidst Reassessment Proceedings

Income Tax Refund Delays FY 2025-26: Over 27 Lakh ITRs Pending

India Ushers in New Income Tax Act, 2025, and Rules, 2026: Key Changes and Comparison Tool

Form 130 to Replace Form 16 for Salary and Pension TDS Certificates from April 1, 2026

CBDT Extends TDS Certificate Issuance Deadline for Q3 FY 2025-26

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