Union Budget & Policy Articles

The "October 28" Trap: Why Expats Accidentally Trigger Indian Tax on Foreign Salary

Posted by CA Aishwariya K Rajagopal 05 June 2026 38 Views

For professionals moving abroad, the year of departure is a chaotic mix of packing, visas, and career transitions. But from an Indian income tax perspective, a ...

9 Key Highlights of Maharashtra State Budget 2026-27

Posted by CA Umesh Sharma 10 March 2026 466 Views

A simple breakdown of the Maharashtra State Budget 2026–27 presented by Devendra Fadnavis, covering welfare schemes, infrastructure spending, farmer relief, EV incentives, rural development and key takeaways for businesses and citizens.

Finance Bill 2026: Balancing Flexibility With Compliance Discipline

Posted by Raj Jaggi

16 February 2026 284 Views

Clause 83 of the Finance Bill, 2026 proposes substitution of Sections 427 and 428 of the Income-tax Act, 2025, introducing a structured fee framework for delayed returns, audit reports, financial transaction statements, and accountant certifications, effective April 1, 2026.

From Ambiguity To Assurance: Finance Bill 2026 Brings Statutory Clarity To TDS On Manpower Supply - Concluding Part II

Posted by Raj Jaggi

14 February 2026 583 Views

An in-depth analysis of the Finance Bill 2026 amendment recognising manpower supply under recipient control as "work," exploring judicial evolution, GST alignment, compliance roadmap, and strategic business implications for FY 2026-27.

Finance Bill 2026 - Clause 72: Compassion In Compensation, Clarity In Compliance And Technology In Taxation

Posted by Raj Jaggi

12 February 2026 787 Views

Finance Bill 2026 introduces key TDS reforms under Clause 72 of the Income tax Act, 2025 bringing technical clarity, institutional parity, humanitarian relief for MACT compensation, and digital compliance through depositories.

Union Budget 2026: A Gift for GIFT City IFSC

Posted by Affluence Advisory 12 February 2026 265 Views

Union Budget 2026 boosts GIFT City IFSC with a 20-year tax holiday, 15% post-deduction tax clarity, and relaxed treasury norms, strengthening India's position as a globally competitive offshore financial hub.

Smoke And Screens: How Finance Bill 2026 Recalibrates NCCD On Tobacco And STT On Derivatives

Posted by Raj Jaggi

10 February 2026 417 Views

Clauses 142 and 143 of the Finance Bill, 2026 show how "miscellaneous" amendments rationalising tobacco duty and recalibrating STT, quietly shape fiscal policy, market behaviour and regulatory clarity.

Finance Bill 2026: Relief For Builders, Clarity For Homeowners And Expansion Of PAN Reporting Framework

Posted by Raj Jaggi

09 February 2026 569 Views

A detailed analysis of Finance Bill 2026 amendments explaining how continuity, clarity, and calibrated reforms under the Income-tax Act, 2025 strengthen taxpayer trust, compliance, and administrative stability in India’s evolving tax framework.

Foreign Assets Disclosure Gets A Fresh Window Under Finance Bill, 2026 - Concluding Part II

Posted by Raj Jaggi

07 February 2026 252 Views

An in-depth analysis of FAST-DS 2026 Clauses 120-128, highlighting administrative safeguards, settlement finality, immunity provisions, and the shift toward disciplined voluntary compliance.

Foreign Assets Disclosure Gets A Fresh Window Under Finance Bill, 2026: Part I

Posted by Raj Jaggi

06 February 2026 1044 Views

Detailed overview of India's foreign asset compliance architecture, including Black Money Act, AEOI insights, and the proposed FAST-DS 2026 disclosure scheme.