News
Electric appliance makers to seek GST cut as LPG crisis lifts demand
3+ hour, 52+ min ago (378+ words) GST Recent News - 2026 The Department for Promotion of Industry and Internal Trade (DPIIT) has convened a meeting on Wednesday with leading manufacturers, brands and industry bodies to outline its plans and seek feedback that can be implemented on a war…...
ICAI Releases booklet "Income-tax Rules, 2026" with Tabular Mapping of Rules and Forms vis-a-vis Income tax Rules, 1962 and Forms
23+ hour, 54+ min ago (373+ words) Income Tax Important Update, ICAI Income Tax News, ICAI Publication, New Income tax Rules 2026 Completion of New Direct Tax Framework With the notification of the Income-tax Rules, 2026 and prescribed forms on 20th March 2026, the foundational framework of the new Income-tax law…...
Tax reform brings relief to armed forces, personnel to take home more under hardship allowance
10+ hour, 45+ min ago (368+ words) Income Tax Recent News - 2026, New Income tax Rules 2026 According to CBDT officials, the earlier limits were stuck at 1995 levels, resulting in a situation where soldiers deployed in challenging environments had to pay tax on a substantial portion of their hardship…...
Telangana Govt to examine scope for levy of entertainment tax by local bodies
10+ hour, 45+ min ago (131+ words) Telangana Government has decided to examine the possibility of levying entertainment tax by local bodies. The decision was taken in the light of the amendments made to the State list through the 101st Constitutional Amendment that introduced the Goods and Services…...
Gold, Silver Imports Curbed, Govt Tightens Rules To Check FTA Misuse & Plug Revenue Leakages
19+ hour, 33+ min ago (313+ words) Import Export News, DGFT News 2026 The government has imposed immediate restrictions on importing gold, silver and platinum articles. The Directorate General of Foreign Trade (DGFT) has revised rules under Chapter 71 of the ITC (HS) code. The biggest highlight is that…...
GST on ride-hailing platforms faces fresh scrutiny as industry flags Saa S model mismatch
1+ day, 2+ hour ago (798+ words) GST Recent News - 2026 India's app-based mobility sector has approached the Finance Ministry with an industry representation seeking clarity on the applicability of Section 9(5) of the Central Goods and Services Tax Act, 2017, highlighting what it calls a structural mismatch between the…...
GST officer, aide arrested for taking Rs 9, 000 bribe in Navi Mumbai
1+ day, 5+ hour ago (128+ words) GST Bribe News, GST Recent News - 2026 The Navi Mumbai Anti-Corruption Bureau (ACB) has arrested a Goods and Services Tax (GST) official and his aide for allegedly accepting a bribe of Rs 9, 000 from a software developer, an official said on Tuesday....
Consumer goods cos upbeat as GST tailwinds lift volumes in March quarter
2+ day, 9+ hour ago (378+ words) GST Recent News - 2026 "The quarter ended March 31, 2026, witnessed steady momentum in the domestic India business, underpinned by a stable macroeconomic environment," Dabur India said. "This strong domestic performance helped offschallenges in key international markets, particularly the Middle East, where heightened…...
Punjab Govt recovers Rs 1, 137 crore in crackdown on tax evasion; 15 arrests, 8 FIRs lodged
2+ day, 3+ hour ago (406+ words) GST Recent News - 2026, Punjab GST News, Tax Evasion - GST Reaffirming a zero-tolerance stance against tax evasion, Punjab Finance Minister Harpal Singh Cheema announced record enforcement outcomes for the financial year 202526, with recoveries touching "1, 137. 85 crore under the leadership of Chief Minister…...
Form 121 for TDS exemption: Here's what has changed for taxpayers - Full details
2+ day, 3+ hour ago (198+ words) Income Tax Recent News - 2026 Form 15 G and Form 15 H replaced For a long time, the income tax system required filing different forms based on age. Ordinary citizens used Form 15 G, while senior citizens over 60 required Form 15 H. This has now been…...