Columns

Taxability of Amounts Won by the Indian Women’s Cricket Team 

Amounts that the Indian women’s cricket team (and its individual players) receive — prize money, match and central-contract fees, government rewards, sponsorships and endorsements — are generally taxable in...

Cashback Market Booms in India; Need To Overcome These Tax Ambiguities

India’s rapidly expanding e-commerce landscape, driven by rising incomes, deeper digital penetration, and growing consumer demand, has brought cashback incentives to the forefront of...

Union Budget 2026-27: Know Top ICAI Pre-Budget Suggestions 

The Institute of Chartered Accountants of India (ICAI) has submitted the pre-budget suggestions for Union Budget 2026-27, advocating prudent tax reforms and sustainable growth. In...

Govt. Panel Working on Overhaul of SEZ Policy Amid Export Hit from US Tariffs

A high-level government panel comprising officials from the Commerce and Industry Ministry, NITI Aayog, and representatives of export bodies is finalising a new framework...

Finance Bill 2026 to Introduce Major GST Reforms

The Union Government is set to unveil a series of landmark amendments to the Goods and Services Tax (GST) framework through the upcoming Finance...

Fixed Return Filing Deadlines: A Persistent Problem and Its Solution

Every taxpayer is required to file their income tax return (ITR) within the due date prescribed under the Income Tax Act, 1961. However, with...

BAIL – PARAMETERS SET BY SUPREME COURT

This article pertaining to "An analysis of the Judgement of the Supreme Court in the case of State of Karnataka v. Darshan & Ors...

Proper Officer and Section 122 – Will CBIC’s New Circular Alter the Fate of 1000s of GST Penalty Proceedings?

This Article pertaining to “Proper Officer and Section 122 - Will CBIC’s New Circular Alter the Fate of 1000s of GST Penalty Proceedings?” is written by Dr...

New Nominee Rules for Bank Accounts – 2025 

In a significant reform aimed at easing financial claim procedures for families, the Reserve Bank of India (RBI) has announced new Nominee Rules for...

EPF Withdrawal Rules Simplified

In a major overhaul aimed at improving accessibility and reducing procedural delays, the Employees’ Provident Fund Organisation (EPFO) has proposed a new framework for...

Central Govt. Employees – Income Tax Rates (Assessment Year 2025–26)

Assessment Year (AY) 2025–26 corresponds to income earned during Financial Year (FY) 2024–25. Central Government employees can choose between two tax regimes — the...