CAclubindia Articles
No TDS on Motor Accident Interest From April 2026
05 February 2026
228 Views
OverviewStarting 1st April 2026, insurance companies and tribunals will not deduct TDS on interest paid along with motor accident compensation.Earlier, many vic...
The Customs Tariff Act Decoded: Understanding Its Structure, Schedules And Legislative Vision Behind The Finance Bill, 2026 Amendments
05 February 2026
197 Views
Explore how the Customs Tariff Act, 1975 operates as a key economic policy tool shaping India's trade, industry, and revenue goals, and understand the legislative intent and phased tariff reforms proposed under Clause 136 of the Finance Bill, 2026.
Key Features of The Finance Bill, 2026
Finance Bill 2026 introduces key income-tax reforms, including extended return filing due dates, MAT rationalisation, revised/updated return relief, STT & TCS changes, buyback taxation, and compliance simplification effective from AY 2026-27.
Income Tax Updates in Union Budget 2026-27: What the New Proposals Mean for Taxpayers
Income Tax Updates in Union Budget 2026–27: What the New Proposals Mean for TaxpayersThe Union Budget 2026–27 introduces wide-ranging reforms in Ind
No More Interest Deduction On Mutual Funds Units Or Dividend Interest
04 February 2026
667 Views
Budget 2026 removes interest deduction on loans used to invest in shares and mutual funds from April 1, 2026. Dividend and mutual fund income will now be fully taxable without interest offset, increasing the tax burden for investors.
Corporate Tax Rate in India For Five Assessment Years (AY 22-23 to AY 26-27)
A clear overview of India' corporate tax rates from AY 2022-23 to 2026-27, comparing old and new regimes, effective rates, key conditions, and long-term policy stability.
Tax-Free Interest on Motor Vehicles Act effect from April 2026
Union Budget 2026 grants major relief to motor accident victims by making MACT interest fully tax-free and exempt from TDS from April 1, 2026. Individuals and legal heirs will now receive complete compensation without tax deductions, simplifying compliance and eliminating refund hassles.
The Black Money Act Recalibrated: Decoding The Proposed Amendments Under The Finance Bill, 2026
04 February 2026
629 Views
A deep dive into the Black Money Act as a distinct penal statute, with insights into disclosure obligations, prosecution provisions and Finance Bill 2026 amendments.
Finance Bill, 2026 And The Customs Act, 1962: What Changes, Why It Matters
04 February 2026
219 Views
Finance Bill 2026 proposes targeted amendments to the Customs Act, 1962, covering offshore fishing jurisdiction, advance rulings, penalties, warehousing and courier regulations.
Union Budget 2026-27: An Overview of Direct and Indirect Tax Proposals
Union Budget 2026–27 focuses on simplifying tax laws, easing compliance, and resolving disputes, with key direct and indirect tax changes effective from AY 2026-27.
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