Clipped from: https://www.business-standard.com/finance/news/rbi-bars-resident-indians-from-issuing-credit-guarantees-to-nris-126011201269_1.html Resident creditors can obtain guarantees, but where both the principal debtor and the surety are non-residents, the underlying transaction must comply with foreign
Month: January 2026
*New labour codes, restructuring and provisioning impact TCS’ Q3 profit | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/new-labour-codes-restructuring-and-provisioning-impact-tcs-q3-profit-126011200909_1.html Statutory impact of new labour codes, AI-led restructuring costs and a large legal provision weighed on TCS’s Q3 FY26 profitability Under the new
*******Prospects for faster growth amid lingering macro and structural constraints
Clipped from: https://www.business-standard.com/opinion/columns/prospects-for-faster-growth-amid-lingering-macro-and-structural-constraints-126011201392_1.html While the economy is well poised, key macro numbers and structural constraints continue to weigh Successive years of rapid economic growth have encouraged
*******Income tax return filing rules to change: How the new law will make ITR easier in AY 2026-27 – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-return-filing-to-be-much-easier-in-2026-here-are-key-changes-to-be-introduced-4104825/ From April 1, 2026, income tax return filing is set to become significantly easier with the new Income-tax Act, 2025. With simpler language,
End of the road for old tax Regime? What Budget 2026 may decide – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/bonds/german-bond-yields-edge-lower-after-trump-team-attacks-powell/articleshow/126479977.cms Listen to this article in summarized format In Budget 2025, one of the key reliefs introduced by the finance minister was the increased Section 87A tax rebate
*How can I ensure my wife inherits our ancestral properties without claims from my children? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/how-can-i-ensure-my-wife-inherits-our-ancestral-properties-without-claims-from-my-children/articleshow/126372717.cms Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us
*******ITR-U cannot be filed if proceedings are initiated against a taxpayer, even when it is unrelated to the income to be disclosed in ITR-U, why Budget 2026 must fix this – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-u-cannot-be-filed-if-proceedings-are-initiated-against-a-taxpayer-even-when-it-is-unrelated-to-the-income-to-be-disclosed-in-itr-u-why-budget-2026-must-fix-this/articleshow/126477048.cms The most significant limitation arises once assessment, reassessment or revision proceedings are initiated or concluded for the relevant assessment year—irrespective of whether the
Income Tax Act 2025: 5 things that will change for taxpayers when new laws replace old rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/income-tax-act-2025-5-things-that-will-change-for-taxpayers-when-new-laws-replace-old-rules/articleshow/126477339.cms As the Financial Year 2026-27 begins from April 1, 2026, New Income Tax Act, 2025 will come into effect in India. With an aim
*Accountant Illness & Business Closure Not Valid Grounds to Extend GST Limitation
Clipped from: https://taxguru.in/goods-and-service-tax/accountant-illness-business-closure-valid-grounds-extend-gst-limitation.html Tapi Ready Plast Vs State of Gujarat & Ors (Gujarat High Court) The writ petition challenged the rejection of a statutory GST appeal
*Renewing motor policy: When less can be more – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/renewing-motor-policy-when-less-can-be-more/article70497395.ece Logically, the renewal premium should be lower since the sum insured reduces each year, yet it remains unchanged, or is even higher and
*’India is not so dependent on US, has alternatives’: Ex RBI MPC member plays down trade deal risks – BusinessToday
Clipped from: https://www.businesstoday.in/latest/economy/story/india-is-not-so-dependent-on-us-has-alternatives-ex-rbi-mpc-member-plays-down-trade-deal-risks-510328-2026-01-11 ‘Today, emerging markets account for more than 50% of world growth, and the US will find that people will develop alternatives if they
*Your Rs 12 lakh annual income isn’t fully tax-free if it includes this component – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/budget-2026-your-rs-12-lakh-annual-income-isnt-fully-tax-free-if-it-includes-this-component-4103704/ The Union Budget 2025 brought massive relief to middle-class taxpayers by making annual income up to Rs 12 lakh tax-free under the new
*******India’s proposed smartphone security rules that are worrying tech firms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/indias-proposed-phone-security-rules-that-are-worrying-tech-firms-apple-google-samsung-xiaomi/articleshow/126463346.cms Synopsis India is proposing new security rules for smartphone makers. These rules include source code disclosure and background permission restrictions for apps. Companies
*******India proposes forcing smartphone makers to give source code in security overhaul – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/india-proposes-forcing-smartphone-makers-to-give-source-code-in-security-overhaul-apple-samsung/articleshow/126463149.cms Synopsis India is proposing new security rules for smartphones. These include sharing source code and making software changes. Tech companies like Apple and
*******Fearing de-dollarisation: On the U.S., oil and the petrodollar – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/fearing-de-dollarisation-on-the-us-oil-and-the-petrodollar/article70491351.ece U.S.’s moves on oil reflect its uneasiness over global trade and finance Updated – January 10, 2026 10:05 am IST President Donald Trump’s urgency