FAQs on amendment proposed in Updated return provisions under section 263(6) of Income Tax Act 2025 by Budget 2026-27 Income Tax Department has issued a FAQ on amendments proposed for updated return provisions under section 263(6) of Income Tax Act 2025 Q.1 What is an “Updated Return” under …
Income Tax Department has issued a FAQ on amendments proposed to provisions related to Tax Deduction at Source (TDS) and related procedures (a) No TDS on interest awarded by Motor Accidents Claims Tribunal to an individual as per the provision of Section 393(4) Q.1 Is there any provision …
Baggage Rules 2026 to rationalise existing rules to address genuine concerns faced by passengers at airports The earlier Baggage Rules, 2016 provided for duty-free clearance of bona fide passenger baggage, including personal effects, travel souvenirs, and specified allowances such as general free allowance, jewellery allowance, and transfer of …
Amendment in due dates for filing return of income and time limit for filing revised return under Income Tax Act 2025 Due dates for filing return of income and time limit for filing revised return has been amended by Union Budget 2026-27 from 1st April 2026 i.e. tax …
No changes proposed in Section 87A Rebate for AY 2027-28 ( FY 2026-27 ) under New Tax Regime and Old Tax Regime as per Union Budget 2026-27. The Finance Minister today presented Union Budget 2026-27. No change has been proposed in Section 87A rebate in Union Budget 2026-27 …
No changes proposed in Income Tax basic exemption limit and tax slabs for individuals & HUFs for AY 2027-28 in Union Budget 2026 Union Finance Minister has presented Union Budget 2026-27 in Parliament on 1st February 2026. No changes have been proposed in existing income tax slabs or …
