The Union Budget 2026 has introduced a taxpayer-friendly yet disciplined reform by extending the time limit for filing a revised return, while contemporaneously introducing a figure for delayed modification...
The Central Board of Direct Taxes (CBDT) has released the long-awaited Draft Income- tax Rules 2026, and the timepiece is formally ticking. With a public comment deadline set for...
What Is Taxation? Taxation refers to the compulsory levies imposed by governments on their citizens. These levies have existed since ancient times, serving as a fundamental mechanism to fund...