Page 2 - Tax

Budget 2026 move on MACT interest seen cutting litigation, speeding claims

Budget 2026 proposes exempting interest awarded by motor accident tribunals from income tax and TDS, a move experts say will reduce disputes for insurers and help victims receive compensation faster

Budget 2026-27: A reformist reckoner for taxes, certainty and relief

Budget 2026 signals a decisive push to cut tax litigation, decriminalise defaults and offer long-term certainty as India prepares to roll out the new income-tax law

Budget 2026-27: Tax nudges and tight fiscal math test growth assumptions

Budget 2026 seeks to attract investment through tax nudges and selective incentives, while maintaining fiscal discipline amid global uncertainty and uneven revenue growth

What Budget 2026 means for common citizens

What does Budget 2026 mean for common citizens? This video explains the key announcements and how they impact daily expenses, taxes, savings, and household finances.

Union Budget 2026 Decoded: Continuity or Change? | Capex | Direct & Indirect tax | STT hike

Union Budget 2026 is out, but does it signal continuity or real change? In this video, we decode the Budget’s key priorities — from spending and capex to taxes, fiscal discipline

Union Budget 2026 explained: Key highlights of the Budget you must know | Income Tax slab

Finance Minister Nirmala Sitharaman presented the Union Budget 2026 in Parliament today. In her ninth consecutive Budget, she outlined a growth-focused roadmap anchored in higher public spending

Budget 2026: Tax transition India needs to shift to residence-based regime

The Budget should consider moving to a residence-based tax regime, exempting foreign investors from long-term capital gains tax

Stakeholders seek further tax reforms, higher standard deduction in Budget

With many income tax incentives already expired or approaching sunset, 34% of respondents said they expected the government to bring back a manufacturing-linked lower tax rate regime

Union Budget 2026: What is disinvestment and why it matters in the Budget 2026 | Budget expectations

The government needs money. But does it always have to raise taxes? In this episode of Budget Basics, we break down disinvestment, what it really means, how it works inside the Union Budget,

What is tax buoyancy and how does it shape the Budget? | Union Budget 2026

In this episode of Budget Basics, we decode tax buoyancy, a small term with big budget impact. What does it really mean? Why does the government track it so closely? And why should you care?

Budget in Charts: Who bears the tax burden?

Who actually bears the tax burden in India? This video breaks down direct vs indirect taxes, tracks tax collection trends from FY19 to FY25, and explains what the numbers reveal

From Azadi to Tiger: A paradigm shift in India's treaty landscape

SC's Tiger Global ruling marks a shift in India's tax jurisprudence, unsettling treaty certainty, expanding anti-avoidance scrutiny and raising concerns over predictability for foreign investors

Strong start to year but deregulation holds key to competitiveness

From the finance ministry came a mix of revenue-raising and trade-defence actions. Taxes on tobacco products will increase from the beginning of next month

ITC sheds $7 billion as tax hike on tobacco products triggers rating cuts

ITC shares slump as steep excise duty hike on cigarettes wipes out over $7 billion in market value and triggers a spate of brokerage downgrades

Tobacco Institute urges review of tax hike on cigarettes, tobacco products

The Tobacco Institute of India calls on the government to reconsider the steep excise and GST hike on tobacco, warning of hardships for farmers, MSMEs, retailers and a surge in illicit trade

Punjab govt extends tax dues settlement scheme deadline till March 31

The Punjab government has extended the deadline for the one-time settlement scheme for outstanding tax dues till March 31, providing relief to traders and industry, Finance Minister Harpal Singh Cheema said on Thursday. The scheme, launched on October 1, was earlier set to end on December 31. Cheema said the extension was approved after representations from various stakeholders, including the GST Practitioners Association of Punjab, citing heavy compliance pressure and practical difficulties faced by taxpayers. So far, 6,348 applications have been received under the one-time settlement (OTS) scheme, reflecting strong participation from the trading community, he said. The government noted that overlapping tax deadlines towards the end of 2025 and delays in service of VAT assessment orders made it difficult for many businesses to assess their exact liabilities within the original timeline. The OTS scheme aims to resolve pre-GST disputes under the laws for VAT and Central Sales Tax b

Why is Centre bringing back excise on tobacco after GST cess ends

The government said that tobacco products will continue to attract GST but will also be subject to additional excise duty on top of that tax from February 1

I-T dept flags inaccuracies in returns, allows revised returns up to Dec 31

The notices have been issued under Section 142(1) of the Income-tax Act, which empowers the department to seek information or documents during assessment proceedings

ICSI flags glitches, timeouts on MCA 3.0 portal as filing deadline nears

ICSI has flagged slowdowns, timeouts and outages on the MCA 21 version 3 portal; government sources say some issues stem from awareness gaps as fixes continue

Foreign firms can't claim full head office expense deduction in India: SC

Tax experts said the ruling brings finality to the treatment of inter-office expenses for foreign banks and other multinational enterprises with Indian branches