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TAX REGIME AMENDMENTS
Assam State Budget 2026-27: FINER suggests higher devolution share and tax net wideningAhead of Assam's 2026-27 State Budget, industry body FINER urges higher central fund devolution and tax net expansion. They praise the Prof...- Sebi board meeting: Open market buyback is back and intraday borrowing for MFs; 5 key decisions investors should knowSebi approved a series of reforms to improve market efficiency and investor protection. Key changes include the return of exchange-based bu...
- NDMC offers 10% rebate on property tax payments made by June 30The New Delhi Municipal Council announced a 10 percent property tax rebate for the financial year 2026-27. Property owners can avail this c...
- Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...
- Paying rent above Rs 50,000? Failure to deduct TDS can make you an assessee in default; know what to doTenants paying over Rs 50,000 monthly rent must deduct TDS. This applies to individuals and HUFs not requiring tax audits. The TDS rate is ...
- NPS gets new investment option: Pension body allows NPS funds to invest in these rupee bondsThe PFRDA has updated NPS investment guidelines, effective May 13, 2026, to include rupee-denominated bonds issued by the New Development B...
- New Income Tax law aims to build transparent, tech-driven ecosystem for taxpayers: OfficialPune's Principal Chief Commissioner of Income Tax, Vivek Wadekar, announced the new Income Tax Act, 2025, aims to simplify compliance and f...
- India must leverage its digital verification architecture to evolve into a trust-based economyIndia faces a low-trust economy with high friction, exemplified by complex KYC norms. Finance Minister Nirmala Sitharaman highlighted this ...
- NTPC peer IPO coming soon? BJP win in Bengal raises hopes of Damodar Valley listingDamodar Valley Corporation's stock market debut is now more likely. The Bharatiya Janata Party's win in West Bengal has removed a key polit...
- Wipro is buying back shares at Rs 250. What your tax bill looks like depends on this factorWipro's share buy-back offers Rs 250 per share, a premium over market price. New tax rules effective April 1, 2026, treat buy-back proceeds...
- Meal card tax benefit: Do you get it under the new tax regime?New Income-Tax Rules have clarified meal voucher benefits. The tax-free limit for employer-provided meal vouchers has increased to Rs 200 p...
- Capital gains on share buyback get new surcharge twist; income tax dept explains what it means for youThe Income Tax Department has clarified a new 12% surcharge on capital gains from share buybacks, specifically for promoters. This change, ...
- Budget 2026: Why specified entities should get tax holidays under MAT in new tax regimeCompanies eligible for a tax holiday should be allowed to carry forward the MAT taxes for set off against the normal provisions of tax
- 'Retrospective amendment' in GST law: Companies file writ petition in Delhi High CourtThe companies claim the government amended the law prohibiting companies to avail tax credit if they had “forgotten” about it only after fe...
- Finance Commission can look into GST compensation issue: Sumit BoseThe government proposes to implement the Goods and Services Tax (GST) from April 1, 2016, and the new Finance Commission may be set up ahea...
- Changes in retrospective tax amendments unlikely in BudgetAmendment to Income-tax Act with retrospective effect made by the UPA government in 2012 to protect revenue had evoked sharp reactions.
- 'Modi govt for non-adversarial, predictable tax regime'The BJP, in its manifesto, had committed to "bring on board all state governments in adopting GST, addressing all their concerns."
- GST roll-out won't be from next April; no timeframe yet: FinminThe Finance Ministry on Wednesday admitted that the proposed GST regime will not be implemented from April 1, 2011.
- GST rollout only after April 2011, says FinminThe finance ministry admitted that the proposed goods and services tax regime will not be implemented from April 1, 2011 and said that no t...
- GST unlikely to come from April 1, 2011: Revenue SecretaryThe Constitution Amendment Bill on GST is unlikely to be tabled in the current monsoon session of Parliament and the new indirect tax regim...
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