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Complete Income Tax Chart Covering Finance Act, 2026
19/07/2026

Complete Income Tax Chart Covering Finance Act, 2026

The Finance Act, 2026 has introduced significant changes to income-tax rates, TDS provisions, and the overall tax framework applicable from April 1, 2026. For individuals and HUFs, the new tax...

Cost Inflation Index for FY 2026-27 Notified as 384: CBDT Notification 85/2026
19/07/2026

Cost Inflation Index for FY 2026-27 Notified as 384: CBDT Notification 85/2026

The article has been reviewed and improved based on the specified priorities. Here's a summary of the key changes: Fact Accuracy: Confirmed that the "Income-tax Act, 2025" is indeed in...

Why Can’t I Claim GST ITC on Cars, Staff Lunches & Office Renovation?
19/07/2026

Why Can’t I Claim GST ITC on Cars, Staff Lunches & Office Renovation?

GST Input Tax Credit is denied on cars, staff meals and office renovation because Section 17(5) of the CGST Act, 2017 explicitly blocks credit on these categories regardless of whether...

New Income Tax Return Filing Portal Features for AY 2026-27
18/07/2026

New Income Tax Return Filing Portal Features for AY 2026-27

The Income Tax Department has introduced a series of transformative enhancements to the e-Filing portal for Assessment Year (AY) 2026–27, aimed at streamlining compliance, improving user experience, and promoting transparency...

NPS Exit Rules: How the Retirement Income Scheme and Drawdown Options Work
18/07/2026

NPS Exit Rules: How the Retirement Income Scheme and Drawdown Options Work

The Pension Fund Regulatory and Development Authority (PFRDA) has introduced Retirement Income Schemes (RIS) under the National Pension System, allowing subscribers to receive periodic payouts up to a...

(PMUY) Ujjwala LPG Subsidy: Beneficiaries to Get ₹300 on First 4 Cylinders — Here’s how To Register, Check Eligibility,...
18/07/2026

(PMUY) Ujjwala LPG Subsidy: Beneficiaries to Get ₹300 on First 4 Cylinders — Here’s how To Register, Check Eligibility, Amount

Under the Pradhan Mantri Ujjwala Yojana (PMUY), eligible beneficiaries currently receive a targeted subsidy of Rs 300 per 14.2 kg LPG cylinder for up to 12 refills per year (and...

DGFT Reforms to Speed Up Advance Authorisation: Old vs New System – 2026 Update
18/07/2026

DGFT Reforms to Speed Up Advance Authorisation: Old vs New System – 2026 Update

DGFT Reforms to Speed Up Advance Authorisation: Old vs New System – 2026 Update Should you stick with the legacy DGFT process for Advance Authorisation (AA) or embrace the newly...

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