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Draft Income Tax Rules & Forms 2026 Released for Public Feedback Till 22nd February
09 February 2026 at 06:51Draft Income-tax Rules and Forms 2026 released for public feedback till 22nd Feb 2026, introducing simplified rules, smart forms, reduced compliance and tech-driven filing under the new Income-tax Act, 2025.
Income Tax Rules, 2026 Notified: Rule-Wise Comparison with Old IT Rules, 1962
09 February 2026 at 06:51Income Tax Rules, 2026 modernise and restructure over 330 rules from the 1962 framework, enhancing clarity, digital compliance, faceless administration and ease of transition for taxpayers and professionals.
Investors to Get Simpler TDS Exemption Filing Through Depositories
09 February 2026 at 06:50Proposed tax amendment allows investors to file no-TDS declarations through depositories for dividends, interest and mutual fund income, reducing multiple compliance filings.
Income Tax Rates for FY 2026-27
09 February 2026 at 06:50Finance Bill 2026 retains existing income tax rates for FY 2026-27. No change in slabs, surcharge or cess for individuals, firms & companies.
Big Relief for Small NBFCs: RBI Removes Registration Requirement for Low-Risk Entities
09 February 2026 at 06:50RBI proposes registration exemption for Type-I NBFCs with assets under Rs 1000 crore and removes prior approval for NBFC branch expansion.
Union Budget 2026-27 is a Roadmap to Viksit Bharat 2047: MoS Harsh Malhotra
07 February 2026 at 09:11Minister of State Harsh Malhotra hailed Union Budget 2026-27 as a roadmap for Viksit Bharat 2047, highlighting infrastructure expansion, high-speed rail, expressways, skilling, AI and inclusive growth.
ICAI's Global Ascent: President's Message Highlights Reforms, WOFA 2.0 and International Leadership
07 February 2026 at 07:53ICAI’s President reviews landmark initiatives including WOFA 2.0, ITEC programmes, audit reforms, sustainability reporting and ICAI's expanding global influence in the accounting profession.
Section 332 Amended: Certain Funds Exempted from NPO Registration from April 2026
07 February 2026 at 07:53Finance Bill 2026 amends section 332(1)(f) to exempt certain funds from mandatory NPO registration, effective from April 1, 2026.
Registered NPOs Get Relief as Commercial Activity No Longer a Specified Violation
07 February 2026 at 07:52Finance Bill 2026 removes commercial activity by NPOs from the list of specified violations under section 351, reducing the risk of registration cancellation.
NPO Merger Rules Amended: New Section 354A to Exempt Accreted Income Tax from April 2026
07 February 2026 at 07:52New Section 354A under Finance Bill 2026 clarifies tax treatment on accreted income for mergers of registered non-profit organisations with similar objects.
Popular News
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