Category: Budget
CBDT chairperson Ravi Agrawal says Income Tax Act 2025, Finance Bill 2026 reforms, penalty rationalisation and smart returns together reshape India’s direct tax system.
Finance Bill 2026 proposes removal of the IGST place of supply rule for intermediary services. Learn what changes, who benefits, and how businesses should prepare.
Finance Bill 2026 proposes a temporary solution for GST advance ruling appeals by empowering an existing authority until the National Appellate Authority is constituted.
Finance Bill 2026 proposes removal of the ₹1,000 GST refund limit for goods exported with tax payment. Understand the amendment, scope, and compliance impact.
Finance Bill 2026 proposes allowing 90 percent provisional GST refunds for inverted duty structure cases. Learn the amendment to Section 54(6), its impact, and compliance points.
Finance Bill 2026 proposes amending Section 34 of the CGST Act to expressly allow credit notes for post‑sale discounts linked to Section 15(3)(b).
Finance Bill 2026 proposes a major GST change allowing post‑sale discounts based on credit notes and ITC reversal, without pre‑agreement or invoice linkage.
Finance Bill 2026 reshapes Indian tax administration with retrospective clarifications and override clauses. Here are seven key amendments that reduce disputes and change strategy.
Budget 2026 narrows capital gains exemption on Sovereign Gold Bonds. Analysis of the amended law, secondary market impact, and grandfathering issues.
Finance Bill 2026 proposes fixed fees for delayed tax audit reports, returns, and statements. Tax audit delay may attract a fee of up to Rs 1.5 lakh.