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Abcaus

87A rebate AY 2021-22

No changes propsoed in Section 87A Rebate for AY 2027-28 (FY 2026-27) in Budget-2026-27

administrator February 1, 2026 Budget 2025-26, Income 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 …
Union Budget 2026-27

No changes in Income Tax slabs or rates for individuals/HUFs for AY 2027-28. Budget 2026-27

administrator February 1, 2026 Budget 2025-26, Income Tax
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 …
Union Budget 2026-27

Union Budget 2026-27 watch Live – Highlights of direct and indirect tax proposals

administrator February 1, 2026 Budget-2026
Union Budget 2026 watch Live – Highlights of direct and indirect tax proposals. Finance Minister has presented Union Budget 2026-27 today in Parliament. No changes have been proposed in Income Tax slabs or rates for AY 2027-28. Income Tax Proposals in Union Budget 2026-27: (1) No changes proposed …
Supervisory Code on Wages

Supervisory with wages exceeding Rs. 18000 p.m. not a worker under Code on Wages 2019

administrator January 31, 2026 Labour Laws
A supervisor drawing wages exceeding eighteen thousand rupees per month not a worker under new Code on Wages Under the Code on Wages, a worker means a person employed in any industry to do any manual, unskilled, skilled, technical, operational, clerical or supervisory work for hire or reward. …
itat stay power

ITAT has power to stay order appealed, even in absence of any subsisting tax demand

administrator January 31, 2026 High Courts, Income Tax
ITAT has jurisdiction to stay an order appealed against, even in absence of any subsisting tax demand. In a recent judgment, High Court has held that the ITAT has the jurisdiction to grant stay of the order cancelling Registration u/s 12A of the Income Tax Act notwithstanding that …
reduced timeline TDS Correction

Effect of reduced timeline for filing TDS Correction statements on TDS Credits

administrator January 30, 2026 Income Tax
Effect on a common taxpayer of reduced timeline for filing TDS Correction statements on TDS Credits Income Tax Department has issued an advisory for a common taxpayers regarding effect of reduced timeline for filing TDS Correction statements on your TDS Credits. The advisory is as under: Important for …

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