Clipped from: https://economictimes.indiatimes.com/news/economy/policy/decade-old-income-tax-demands-resurface-on-portal-leaving-taxpayers-scrambling-for-proof/articleshow/126312362.cms Synopsis Old income tax demands from as early as 2005 are resurfacing on tax portals, with accumulated interest often exceeding the principal amount.
Month: January 2026
*Data protection must be a CEO-level concern to ensure customer confidence: Sachin Tayal, Managing Director, Protiviti – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/data-protection-must-be-a-ceo-level-concern-to-ensure-customer-confidence-sachin-tayal-managing-director-protiviti/article70464949.ece Says CEOs should have an active part in the compliance efforts, engaging with employees, and considering how data is collated and used Sachin
*Labour Ministry publishes draft rules; gig workers’ unions seek clarity | Industry News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/govt-publishes-draft-rules-gig-workers-unions-seek-clarity-126010200012-126010201091_1.html Draft rules under the new Labour Codes set minimum work-day criteria for gig workers to access social security benefits, prompting unions to seek
*Money rule changes from January 1: ITR updates to mandatory PAN-Aadhaar link – All you need to know – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/money-rule-changes-from-january-1-itr-updates-to-mandatory-pan-aadhaar-link-all-you-need-to-knownbsp-4094137/ The New Year has brought in a litany of changes for Indian financial rules — from PAN-Aadhaar linking and pay commission updates to
*Five important changes in Income Tax Act and procedures in 2025 that will impact your future taxation
Clipped from: https://economictimes.indiatimes.com/wealth/tax/five-important-changes-in-income-tax-act-and-procedures-in-2025-that-will-impact-your-future-taxation/articleshow/126271623.cms 2025 has brought about several changes in the income tax laws and procedures. 2025 also saw the deadline for income tax return (ITR) filing being extended twice,
*Important GST changes and amendments made in 2025 which will impact your taxation in 2026 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/important-gst-changes-and-amendments-made-in-2025-which-will-impact-your-taxation-in-2026/articleshow/126272895.cms 2025 has been a year filled with numerous changes related to goods and services tax (GST), including some significant court rulings and GSTN advisories that
*चतकोरावरच सुख? – Loksatta
Clipped from: https://www.loksatta.com/sampadkiya/editorial/india-economic-ranking-debate-foreign-investors-sell-indian-bonds-amid-economic-growth-zws-70-5610489/ महासत्ता होण्याची स्वप्ने पाहताना अनेक बाबी विचारात घ्याव्या लागतात; पण तूर्तास आपल्या वैविध्यपूर्ण देशात परदेशी पर्यटकांचीही संख्या घटते आहे ती का, याचाही विचार
*******JAO vs. FAO: Section 148 Reassessment Powers – Evolving Delhi HC and SC Position
Clipped from: https://taxguru.in/income-tax/jao-vs-fao-section-148-reassessment-powers-evolving-delhi-hc-sc-position.html JAO vs. FAO: Reassessment Powers under Section 148 – Evolving Delhi High Court and Apex Court Position It is pertinent to note that
*****Stamp duty vs deal value: Homebuyer gets relief as ITAT Mumbai rejects addition of Rs 18 lakh income by tax dept for property valuation gap – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/stamp-duty-vs-deal-value-homebuyer-gets-relief-as-itat-mumbai-rejects-addition-of-rs-18-lakh-income-by-tax-dept-for-property-valuation-gap/articleshow/126264552.cms On December 16, 2025, the Income Tax Appellate Tribunal (ITAT) Mumbai granted relief to Mr. Naik from Bhandup, regarding an income addition made by the
Editorial. Trumping the odds – The HinduBusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/editorial/trumping-the-odds/article70457438.ece After last year’s chaos, 2026 actually looks better The year 2025 was one of massive geo-political shifts | Photo Credit: Thithawat_s It might
Over 70% of fintechs’ loan book unsecured: Financial Stability Report | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/fintechs-unsecured-loans-rbi-financial-stability-report-125123100962_1.html Unsecured personal loans dominate fintech lending, with younger borrowers accounting for over half the exposure, as the RBI highlights growth and asset quality
Centre notifies revised draft rules for labour codes, seeks responses | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/labour-ministry-notifies-labour-codes-draft-rules-seeks-responses-125123100834_1.html Revised draft rules for the four Labour Codes clarify key provisions such as gratuity on ‘wages’ and gig worker registration, with stakeholder inputs
2026 to bring data, policy, tax changes; labour codes, CBAM to take effect
Clipped from: https://www.business-standard.com/economy/news/2026-rings-in-policy-tax-reforms-new-labour-codes-cbam-to-take-effect-125123100748_1.html With new GDP, CPI and IIP base years, sweeping tax reforms, GST overhaul, labour code rollout and EU’s carbon tax, 2026 is set
Centre’s fiscal deficit at 62.3% of FY26 BE in April-November; capex up 28% | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/economy-policy-centres-fiscal-deficit-widens-to-623-of-be-in-apr-nov-fy26-125123100826_1.html CGA data showed the Centre’s fiscal deficit rose to Rs 9.77 trillion, or 62.3 per cent of FY26 Budget estimates, in April-November as
India’s household debt rises to 41.3% of GDP, above five-year average: RBI | Economy & Policy News – Business Standard
lipped from: https://www.business-standard.com/economy/news/indias-household-debt-rises-to-41-3-per-cent-of-gdp-rbi-fsr-125123101081_1.html RBI says household debt rose to 41.3% of GDP at end-March 2025, led by consumption-oriented retail loans, even as net financial savings improved
External uncertainties may trigger outflows, Fx rate volatility: RBI | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rbi-warns-external-uncertainties-outflows-exchange-rate-volatility-125123101028_1.html RBI flags risks from global shocks, including a sharp US equity correction, that could spur foreign portfolio outflows and rupee volatility, though it
*RBI cash transaction limits explained: How much cash can you use while buying gold, property or lending to your friend? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/rbi-cash-transaction-limits-explained-how-much-cash-can-you-use-while-buying-gold-property-or-lending-to-your-friend/articleshow/126271114.cms RBI cash transaction limits explained: Check details Many people use cash to buy groceries, meals, or other small purchases. Most of the time,