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ITR-2 Excel Utility and Online Filing Now Available for AY 2026-27

   28 May 2026 at 09:39

Income Tax Department has enabled online filing and Excel Utility for ITR-2 for AY 2026-27 on the e-filing portal. Check eligibility, benefits and filing details.

Posted in Income Tax |   1794 Views


Finance Ministry Permits Selected Financial Firms to Perform Aadhaar Authentication Under PMLA

   28 May 2026 at 09:28

Finance Ministry permits Groww Mutual Fund, ICICI Securities, Upstox and three other entities to perform Aadhaar authentication under the Prevention of Money-laundering Act, 2002.

Posted in Others |   2178 Views


Finance Ministry Revises March 2026 Notification Under Actuaries Act, 2006

   28 May 2026 at 09:21

The Ministry of Finance has issued a fresh notification appointing Ms. Varsha Chandra Sinha as Presiding Officer under the Actuaries Act, 2006. The amendment replaces the earlier entry notified in March 2026.

Posted in Others |   72 Views


FM Sitharaman Says Govt Open to Reviewing LTCG and STCG Tax Concerns Raised by Investors

   27 May 2026 at 09:41

Finance Minister Nirmala Sitharaman said the government is open to investor feedback on LTCG and STCG taxation. She also addressed rising fuel prices, crude oil concerns, RBI dividend and challenges linked to fuel, fertiliser and forex pressures.

Posted in Income Tax  1 comments |   4494 Views


Form 12 Under Income Tax Act, 2025 Introduced to Track Eligible R&D Expenditure Claims

   27 May 2026 at 09:32

FORM 12 under the Income-tax Act, 2025 is a statutory report for approved in-house R&D facilities. Know its purpose, applicability, expenditure reporting rules, DSIR role and key FAQs.

Posted in Income Tax |   2571 Views


ICAI Opens Observer Empanelment Portal for CA Exams September & November 2026

   27 May 2026 at 09:24

ICAI has invited applications from eligible members for empanelment as observers for CA Sept and Nov 2026 examinations. Check eligibility, honorarium, important dates, duties and application process.

Posted in Students |   3423 Views


Income Tax Act, 2025 Introduces Revised Form 103 for Demand Recovery

   26 May 2026 at 09:41

Form 103 under the Income-tax Act, 2025 is a notice of demand issued by the Assessing Officer for tax, penalty, or interest payable. Know its purpose, due dates, payment options, appeal details and key changes.

Posted in Income Tax |   3123 Views


Form 092 Mandatory for Specified Funds and Stock Brokers from FY 2026

   26 May 2026 at 09:32

Income Tax Department releases FAQs on Form 092 for specified funds and stock brokers dealing with non-resident clients. Check filing process, due dates, required details and compliance rules.

Posted in Income Tax |   3246 Views


CBDT Clarifies Form 18 Filing for Affordable Housing Projects Under Income Tax Rules 2026

   25 May 2026 at 09:40

CBDT clarifies Form 18 under Income Tax Rules 2026 through FAQs. Know eligibility, filing requirements, conditions and tax benefits for affordable housing projects under Section 46.

Posted in Income Tax |   3336 Views


Form 29 Mandatory for Amalgamated Companies Claiming Tax Loss Benefits Under Income Tax Rules 2026

   25 May 2026 at 09:40

CBDT clarifies Form 29 under Income Tax Rules 2026 through detailed FAQs. Know eligibility, filing timelines, production conditions and tax benefits for amalgamated companies.

Posted in Income Tax |   2418 Views



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