Definition of Tax Year
In the previous act “Income tax act 1961”, the act revolved around previous year and...
Income Tax Rules 2026 notified
Starting 1st April 2026, India’s tax landscape undergoes its biggest structural change in over 60...
Companies Compliance Facilitation Scheme 2026
On 24th February 2026, the Ministry of Corporate Affairs (MCA) has issued General circular No....
Failure to get the Accounts audited under section 63 of the Income Tax Act 2025
In the Finance Bill 2026, emphasis has been placed on converting penalties into graded fee....
Union Budget 2026
On 1st February 2026, the Union Finance Minister has presented the Finance Bill 2026 in...
Amendment in the Definition of Small Companies
On 1st December 2025, the Ministry of Corporate Affairs (MCA) has amended the definition of...
