Budget 2026: BCCI Seeks Simpler 182-Day NRI Residency Rule
Ahead of Union Budget 2026-27, BCCI urges rollback of the 120-day income-linked NRI residency rule and restoration of the 182-day test.
Author: Vinod Arora
Employee Still Liable If Employer Fails to Deposit TDS: Kerala HC
Kerala High Court rules that employees remain liable for income tax if employer deducts but fails to deposit TDS with the government.
FY 2025-26 Tax Collections May Miss Targets by Rs 3 Lac Cr: CareEdge
CareEdge projects a ₹3 lakh crore shortfall in FY 2025-26 tax collections due to weak GST, with recovery expected in FY 2026-27 led by direct taxes.
NITI Aayog Seeks GST Relief to Boost Formal Vehicle Scrapping
NITI Aayog urges GST rate cuts, expanded reverse charge, and insurance reforms to promote formal scrapping of end-of-life vehicles.
Tax Reforms: President Murmu Outlines ‘Reforms Express’ Agenda
President Ms Murmu says GST 2.0 saved ₹1 trillion and income-tax reforms exempt ₹12 lakh income, signalling a structural shift in India’s tax policy.
Budget 26: What It Means for 16th Finance Commission Tax Devolution
Union Budget 2026 to incorporate 16th Finance Commission recommendations, shaping Centre-State tax devolution and fiscal federalism from 2026-31.
SC on GST Intermediary Services: Edu Consultants Eligible for Refund
Supreme Court rules that education consultants providing services to foreign universities are not intermediaries and qualify for GST refund as export of services.
GST ITC Transfer & Refund in Amalgamation: Alstom HC Ruling
Gujarat High Court clarifies GST law on ITC transfer during amalgamation and rejects partial transfer with refund claims in Alstom Transport India case.
Delhi HC Allows TDS Credit Despite Kingfisher’s Failure to Deposit Salary TDS
Delhi High Court rules that employees cannot be denied TDS credit due to Kingfisher Airline/employer’s failure to deposit tax; orders refund with interest.
Delhi HC Upholds ICAI Disciplinary Action Against CA for Audit Lapses
Delhi High Court upholds ICAI’s decision to remove a chartered accountant for audit failures, non-disclosure of liabilities and asset manipulation.