-
What Is Form 161 Under the Income Tax Rules 2026? CBDT Revises Penalty Waiver Application
India’s Central Board of Direct Taxes (CBDT) has revised Form 161 under the Income Tax Rules 2026 for applicants seeking a tax penalty waiver under Section 440(2) of the Income Tax Act 2025. The revised form specifies the assessment, under-reported income, tax liability and payment details.
-
India Manufacturing Tracker 2026
India Manufacturing Tracker 2026 brings you real-time updates on industry performance, manufacturing activity, PMI data, CAPEX spending, and policy support.
-
57th GST Council Meeting 2026 Recommends Changes to ITC, Refunds and GST Penalties
India’s 57th Goods and Services (GST) Council meeting on 8 October has recommended several major GST reforms in 2026 to simplify registration, improve return filing and input tax credit (ITC) reconciliation, and revise penalty and enforcement provisions.
-
MSME Tax Audit in India: Final Form 3CD Season and What to Get Right Before Form 26 Arrives
MSMEs in India, subject to tax audit, must meet enhanced Form 3CD reporting requirements for FY 2025-26, including disclosures under Clauses 22 and 26 for MSME payments and Section 43B. From FY 2026-27, tax audits transition to Form 26 under the Income Tax Act 2025.
-
DPDP (Removal of Difficulties) Order 2026 Clarifies Consent and Data Audit Requirements in India
The DPDP (Removal of Difficulties) Order 2026 makes targeted amendments to India's Digital Personal Data Protection Act 2023 clarifying consent requirements and the scope of data audit obligations for Significant Data Fiduciaries.
-
Who Needs to File Form 26 in India? Tax Audit Rules, Thresholds and New Reporting Areas
India’s Income Tax Act 2025 introduces Form 26 as the new consolidated tax audit report, replacing Forms 3CD, 3CA, and 3CB. The new framework restructures tax audit reporting, expands data-related disclosures, and changes how businesses prepare for tax audit.
-
Trademark Infringement in India: Protecting Company Names, Brands, and Business Interests
Trademark infringement can undermine a business’s brand identity and commercial interests. We explain trademark protection in India, registration and classification requirements, and key court decisions to help businesses safeguard their trademarks.
-
EPFO Wage Ceiling Raised to INR 25,000 in India: What Changes for Mandatory Coverage and Payroll?
India has raised the employee provident fund (EPF) wage ceiling from INR 15,000 to INR 25,000, effective September 17, 2026. Learn how the change affects mandatory EPF coverage, employee contributions, payroll calculations, and employer compliance.