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Income Tax Department Launches Utility to Compare IT Act, 1961 with IT Act, 2025

   23 March 2026 at 09:26

Income Tax Department launches utility to compare Income-tax Act 1961 with Income Tax Act 2025, helping taxpayers map sections and understand new provisions.

Posted in Income Tax |   4788 Views


CBDT Issues FAQs & Guidance Notes on New ITR Forms Under Income Tax Rules, 2026

   23 March 2026 at 09:26

CBDT releases FAQs and guidance on new ITR forms under Income-tax Rules 2026, clarifying filing formats, tax year concept, and compliance for FY 2026-27.

Posted in Income Tax |   5553 Views


CBDT Releases FAQs on Transition to Income Tax Act 2025 Effective 1st April 2026

   23 March 2026 at 09:26

Income Tax Act 2025 transition FAQs by CBDT clarify tax year shift, pending cases, TDS rules and taxpayer compliance for FY 2026-27.

Posted in Income Tax  1 comments |   33198 Views


CBDT Notifies Income Tax Rules 2026: Key Changes to Take Effect from 1st April

   21 March 2026 at 10:40

Income-Tax Rules 2026 notified by CBDT to take effect from April 1. Check key changes in dividend rules, stock exchange recognition, capital gains, and non-resident taxation.

Posted in Income Tax |   11730 Views


CBIC Issues SOP for Tax Officers on HSNS Cess Implementation from 1st Feb 2026

   21 March 2026 at 10:40

CBIC issues SOP for tax officers on HSNS Cess implementation from Feb 1, 2026, detailing registration, payment and compliance processes to streamline tax administration.

Posted in GST |   3603 Views


CBIC Issues Instruction on Duty Drawback for Export of Unlocked Mobile Handsets

   21 March 2026 at 10:40

CBIC issues Instruction No. 02/2026 directing strict compliance with court rulings on duty drawback claims for export of unlocked mobile handsets by merchant exporters.

Posted in Community & General |   177 Views


Government Launches RELIEF Scheme to Support Exporters Amid West Asia Logistics Crisis

   21 March 2026 at 10:40

Government approves RELIEF scheme under Export Promotion Mission to support exporters hit by West Asia logistics disruptions, offering risk coverage, cost relief and MSME support amid rising freight and insurance costs.

Posted in Community & General |   294 Views


CBDT Directs IT Offices to Stay Open on 31st March 2026 for Financial Year-End Work

   21 March 2026 at 10:40

Income Tax offices will remain open on March 31, 2026, despite Mahavir Jayanti, as per the CBDT's Section 119 order to ensure smooth financial year-end compliance and pending work completion.

Posted in Income Tax |   3117 Views


Finance Ministry Revises Monetary Threshold in FEMA Enforcement Cases: Key Changes Notified

   20 March 2026 at 09:34

Finance Ministry updates FEMA enforcement thresholds via notification dated March 18, 2026, revising case value limits to Rs 2-10 crore for improved classification, consistency, and regulatory clarity in foreign exchange violations.

Posted in Community & General |   348 Views


Net Direct Tax Collections Rise 7.19% to Rs 22.8 Lakh Crore in FY26

   20 March 2026 at 09:31

India’s net direct tax collections grow 7.19% to Rs 22.8 lakh crore as of March 17, 2026, driven by strong advance tax payments and improved compliance.

Posted in Income Tax |   1443 Views



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