Policybazaar Sees Health Premiums Rise as Zero GST Fuels NRI Demand
India's health insurance premiums rose 27.17% in Jan 2026, driven by a 126% surge in NRI buyers and…
Draft Income Tax Rules 27 and 28 Specify Audit Report for Section 44 Deductions
India introduces Draft Rules 27 and 28 for April 2026, requiring new electronic forms and audit reports for…
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…
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…
National Council for Science and Technology Innovation Approves Draft Rule 29
India's draft tax rules centralize research approvals under NCSTI, allowing 100% deductions for scientific spending starting April 2026.
Pfrda Permits Subscriber Data Sharing Under NPS Vatsalya in Circular No. Pfrda/2026/09/reg-Pf/03
PFRDA enables data sharing between CRAs and Pension Funds for NPS Vatsalya, mandating strict privacy compliance and transparent…
40% Written Down Value Cap Hits Depreciation Under Draft Income Tax Rule 25
Draft Income-tax Rule 25 caps depreciation at 40% of WDV for taxpayers in concessional regimes, standardizing limits for…
Central Board Revises Tariff Values in Notification No. 22/2026–customs
India's CBIC updates import tariff values for gold, silver, and oils effective Feb 19, 2026, maintaining existing rates…