Taxes
Tax Central: Your essential source for the latest in tax laws, filing tips, and deductions. Ideal for navigating complex tax requirements with ease.
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 and size limits effective April...
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…
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…
Draft Income Tax Rule 26 Targets Payments Over ₹10,000 Outside Banking Modes
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.
Treasury Offset Program Threatens Social Security for Student-Loan Borrowers
The U.S. Department of Education paused student-loan default collections in Jan 2026, delaying wage garnishment and tax offsets…