Category: Taxation

The Central Board of Direct Taxes released a notification regarding amendment of Income Tax Rules 2026 through Income-tax (Fourth Amendment) Rules, 2026 on 17 September 2026. The notification includes two substituted forms, i.e., Form 169 for registration as a valuer and Form 171 for registration as an authorised income tax practitioner. The deadline for filing […]

Many individuals and businesses operate across borders and engage in international trade, investments, employment and various kinds of financial activities. While these opportunities can be pretty significant, they also bring the challenge of managing international taxation. For residents of India, the Tax Residency Certificate is of utmost importance when it comes to managing international taxation.  […]

Whenever individuals discuss salaries and income tax, especially in the context of India, the term “allowance” often comes up in the conversation. For a salaried individual, knowing exactly what allowances are and how they are taxed is crucial. Based on this, their tax planning and income tax return filing can also be impacted. So, in […]

In India, certain businesses are required to obtain GST registration. This includes businesses whose annual turnover exceeds the prescribed limit, those engaged in interstate supply of goods or services in cases where registration is required and other businesses that are required to register under the GST law. GST registration is obtained by filing an application […]

The Income Tax Department has launched the new TRACES portal (TRACES 2.0) , introducing a major transformation in how TDS and TAN-related compliances will be handled in India. This update comes along with the implementation of the Income Tax Act, 2025, which becomes effective from 1 April 2026. Earlier, all TDS-related work was managed through […]

If you want to withdraw PF money, or if you are earning interest from a bank or any other income where TDS may be deducted, earlier the government gave an option to submit Form 15G or 15H so that TDS would not be deducted. But now Form 15G and 15H have been discontinued. A new […]

Form 145 is the updated version of the earlier Form 15CA, and it is used when a person wants to send money from India to a foreign country. This process is also known as outward remittance. The form must be submitted before the money is transferred, as it helps the Income Tax Department understand the […]

The Intimation Letter, under Section 143(1), is issued by the Income Tax Department (ITD). It is received by taxpayers after their Income Tax Return (ITR) has been successfully processed by the Department. In this blog post, we shall explain the key details about this letter. Intimation Letter Meaning In Indian taxation law, intimation letter means […]

Many taxpayers are still waiting for their income tax refunds for Assessment Year (AY) 2025–26. Recently, the Central Board of Direct Taxes (CBDT) Chairman shared an official clarification about why refunds are being delayed, when they will be released, and what taxpayers should do if their refund is stuck. This article covers all important details. […]

GST stands for Goods and Services Tax. It is an indirect tax levied on supply of goods and services. Under the GST regime, a registered taxpayer can claim GST refund if they have paid excess tax to government. In this blog post, we shall explain how to claim GST refund. What is GST Refund? GST […]