Finance Bill 2026 clarifies that the 12% surcharge applies only to additional Income Tax payable by promoters on capital gains from share buybacks. Read full details.
The Ministry of Finance, India has issued multiple Central Excise notifications revising duty rates on petrol, diesel and aviation turbine fuel, along with new export exemptions and compliance rules effective immediately.
Foreign Contribution (Regulation) Amendment Bill, 2026 introduced in Lok Sabha proposes major changes including designated authority framework, stricter compliance, asset vesting rules, and prior approval for investigations.
The Corporate Laws (Amendment) Bill, 2026 introduces key reforms to the LLP Act and Companies Act, including IFSC-focused provisions, foreign currency norms, hybrid AGMs and decriminalisation of offences to boost ease of doing business in India.
FM Nirmala Sitharaman outlines ‘facilitate first’ tax philosophy in Budget 2026. TCS cuts, MSME relief, cooperative tax benefits and fisheries export boost announced.
FM Nirmala Sitharaman says New Income Tax Act 2025 will simplify tax filing and reduce forms. Government raises appeal limits for ITAT, High Court and Supreme Court.
Income tax refund delays persist in FY 2025-26 with over 27 lakh ITRs still unprocessed. AI-based checks, AIS mismatches and system validations are slowing refunds.
India's health insurance sector crosses Rs 1.2 lakh crore in FY25 with 9% growth. IRDAI introduces strict timelines: 1-hour pre-authorization and 3-hour final approval to ensure faster, transparent claim settlements and improved policyholder trust.
Finance Minister Nirmala Sitharaman announces major taxpayer relief measures, including updated ITR filing after reassessment, NRI foreign asset disclosure scheme, and simplified travel and TDS rules in Finance Bill 2026.
Lok Sabha passes Finance Bill 2026 with 32 amendments after FM Nirmala Sitharaman's reply. Key bills introduced in Rajya Sabha; Budget Session may end early due to upcoming state elections.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English