Draft Income Tax Rule 36 Targets Affordable Housing and Semiconductor Units
India's CBDT draft Rule 36 sets tax benefit criteria for affordable housing and semiconductor units, introducing price caps…
Articles by & updated by Sai Sankar
Gambling Commission Rings-Fences UK Igaming Fees for 2026/27
UK and Brazil move to hike gambling taxes and licence fees by 2026/28, as X bans influencer ads,…
Income Tax Rules Draft Tighten Unrealised Rent Cases, Rural Branch Advances
The 2026 Draft Income-tax Rules set strict proof requirements for unrealised rent deductions and standardize bank calculations for…
Draft Income Tax Rule 23 Calculates Pro Rata Discount on Zero Coupon Bonds Under Section 32(d)
India's CBDT Draft Rule 23 introduces a daily pro rata formula for zero coupon bond discount deductions, effective…
India–france DTAA Amending Protocol Grants Source Country Tax on Gains
India and France sign a tax treaty protocol shifting capital gains taxation to the source country and introducing…
CBDT Notifies Draft Income Tax Rule 38 Under Section 47(1)(a)
India's CBDT unveils Draft Rule 38 for agricultural project tax deductions, requiring measurable outcomes and financial verification starting…
Ifsca Targets Electronic Trading Platforms’ Net Worth in 2026 Rules
IFSCA proposes new regulations for Electronic Trading Platforms in India, mandating a $250k net worth and banning crypto…
Draft Income-Tax Rules, 2026, Define Infrastructure Facility Deductions Under Section 32(e)
India's Draft Income-tax Rules 2026 set new ownership and operational criteria for infrastructure facilities to qualify for essential…
CBDT Draft Rule 26 Shields Payments Over ₹10,000 from Disallowance
India's CBDT unveils Draft Rule 26, exempting certain payments over ₹10,000 from electronic-only requirements to prevent tax disallowances…