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COMPLIANCE CREDITS
Govt proposes tighter fuel efficiency norms for cars under CAFE III from FY28New fuel efficiency norms for passenger vehicles are proposed by the Power Ministry. These stricter Corporate Average Fuel Efficiency III r...16 Jul, 2026, 03.23 PM IST- Did you claim a minimum Rs 10,000 income tax refund for your car bought in FY26? Here's how to claim your 1% TCS nowAccording to the income tax rules, car dealers are required to deduct 1% TCS if the ex-showroom value of the car exceeds Rs 10 lakh. Howeve...16 Jul, 2026, 01.30 PM IST
- India proposes CAFE-III norms to tighten fuel efficiency standards for passenger vehiclesNew fuel economy standards for passenger vehicles are proposed by the Ministry of Power. These Corporate Average Fuel Economy-III norms wil...16 Jul, 2026, 01.14 PM IST
- RBI proposes stricter data governance framework for banks, NBFCs; seeks feedback by Aug 17The Reserve Bank of India has proposed a new data governance framework. This framework aims to strengthen data risk management for financia...16 Jul, 2026, 12.38 PM IST
- Tata Motors flags concerns on CAFE II credit proposalTata Motors has raised concerns regarding the government's proposed direct credit sales by the Bureau of Energy Efficiency. The automaker b...15 Jul, 2026, 08.46 PM IST
- Tata Motors PV flags concern over proposed direct credit buys from BEE in CAFE II shiftsTata Motors has voiced concerns regarding a government proposal on CAFE II compliance credits. The company believes allowing direct credit ...15 Jul, 2026, 04.42 PM IST
- RBI tightens governance framework, redefines bank board responsibilitiesThe RBI has revised bank board governance norms, effective October 1. Boards will now focus on strategy and risk oversight, delegating oper...15 Jul, 2026, 05.57 AM IST
- UP RERA to facilitate GST refund for homebuyers, warns builders against excess levyUP RERA has issued new guidelines for homebuyers seeking GST refunds. Eligible homebuyers can now claim excess GST collected through the GS...14 Jul, 2026, 02.14 PM IST
- ITR 2026: Increased disclosure requirements for overseas investments and foreign assets—are Indian taxpayers ready?Indian taxpayers face new disclosure rules for foreign assets and investments. Global information exchange frameworks necessitate accurate ...14 Jul, 2026, 10.59 AM IST
- Will filing your ITR early get you a faster income tax refund? Here's what really determines the processing timeFiling income tax returns early increases processing likelihood but does not guarantee faster refunds. Successful e-verification and matchi...14 Jul, 2026, 09.52 AM IST
- ETMarkets Smart Talk | Equity, mutual funds, bonds or property: Tax rules every NRI should know: Ritu ShaktawatNRIs investing in India must understand tax rules and residential status. Double Taxation Avoidance Agreements offer beneficial tax treatme...14 Jul, 2026, 09.00 AM IST
- UP RERA directs real estate developers to charge prescribed GST ratesUP RERA mandates developers adhere to official Goods and Services Tax rates. Homebuyers can claim refunds for any excess GST collected by p...13 Jul, 2026, 05.42 PM IST
- Taxation simplified for influencers: Correct ITR form, tax regime to grey zone areas, key checks and tax traps creators must watch out forIndian influencers and gig workers face significant tax compliance challenges. Many struggle with tracking income and claiming eligible ded...13 Jul, 2026, 12.02 PM IST
- GST law panel clears proposal to shield buyers' input tax credit from supplier defaultsA GST Council proposal will protect buyers from losing input tax credit. This protection applies if suppliers fail to deposit taxes with th...10 Jul, 2026, 11.56 PM IST
- India Inc embraces unlisted bonds for faster, flexible fundraisingUnlisted bonds now form a larger part of corporate debt sales. Companies like Bajaj Finance and Vedanta prefer these deals for fewer disclo...10 Jul, 2026, 11.09 PM IST
- Biz positive on GST after 9 years; simpler compliance, lesser disputes key focus areas ahead: SurveyThe KPMG in India-FICCI GST Survey said GST has matured considerably through greater digitisation and transparency, creating a more unified...09 Jul, 2026, 05.30 PM IST
- Auto companies may soon get to trade BEE credits for easier fuel-efficiency complianceThe power ministry has introduced a new credit trading system aimed at Corporate Average Fuel Efficiency standards. Under this initiative, ...07 Jul, 2026, 01.28 AM IST
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