Clipped from: https://www.businesstoday.in/personal-finance/tax/story/tax-audit-is-a-penalty-for-financial-advisor-says-cash-heavy-businesses-face-greater-risk-in-2026-530718-2026-05-11 Under Section 44AB of the Income Tax Act, businesses are generally required to undergo a tax audit if turnover exceeds ₹1 crore. However,
Day: May 11, 2026
AI disruption, work pressure pushing BFSI employees towards exit, says report – BusinessToday
Clipped from: https://www.businesstoday.in/industry/banks/story/ai-disruption-work-pressure-pushing-bfsi-employees-towards-exit-says-report-530668-2026-05-09 The report, titled “People Reality in BFSI – Three Workforce Imperatives,” said the sector is undergoing a major workforce transition as companies accelerate
ITR filing AY 2026-27: Big changes in ITR-1, ITR-2, ITR-3 and ITR-4 you must know – Income Tax News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/itr-filing-ay-2026-27-big-changes-in-itr-1-itr-2-itr-3-and-itr-4-you-must-know/4237869/ Here is a quick summary of the key changes for ITR 1, 2, 3 and 4 under the new Income Tax Rules 2026,
Four day work-week with three days rest? New labour code rules gives this format as an option to employers; Know its conditions for employees – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/four-day-work-week-with-three-days-rest-new-labour-code-rules-gives-this-format-as-an-option-to-employers-know-its-conditions-for-employees/articleshow/131013892.cms ET Online4 day work-week with 3 days rest? New labour code gives this format as an option to employers; Know its conditions for
Tax Query: Tax on NPS Corpus Withdrawn – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-tax-on-nps-corpus-withdrawn/article70956580.ece The entire taxable portion is treated as “Income from Other Sources” and taxed at the applicable slab rates Under the non-government NPS rules,
CBDT mulls inclusion of lower value account, pre-filling alerts on e-portal for foreign assets and income discloser – The HinduBusinessLine
lipped from: https://www.thehindubusinessline.com/economy/cbdt-mulls-inclusion-of-lower-value-account-pre-filling-alerts-on-e-portal-for-foreign-assets-and-income-discloser/article70962189.ece CBDT plans to expand foreign asset disclosure measures, including lower value accounts and pre-filling alerts on its e-portal CBDT enhances foreign asset disclosure
Central labour rules notified: What the new framework means for industry
Clipped from: https://www.business-standard.com/economy/news/central-labour-rules-notified-what-the-new-framework-means-for-industry-126051000503_1.html Final Central Rules under the four labour codes shift India’s labour reforms from policy to implementation, putting immediate compliance focus on employers Representative
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