Employers can now file September’s Electronic Challan-cum-Return by October 31 after a mid-month wage-ceiling change complicated provident fund calculations. The Employees’ Provident Fund Organisation has given employers more time to file September’s Electronic Challan-cum-Return, moving the deadline from October 15…
From 1 April 2026, EPF members seeking relief from tax deducted at source must use Form 121, but the declaration does not make taxable withdrawals tax-free. EPFO members planning to make a provident fund withdrawal will now need to use…
Eligible EPS members can claim a pension from 50, but starting eight years before the standard age of 58 reduces the monthly payment by 32% for life. Waiting until 60 can instead increase the benefit. Under India’s Employees’ Pension Scheme,…
Businesses filing September’s GSTR-3B must reconcile ITC, address DRC-01C notices and plan cash payments early to avoid interest, late fees and portal delays around the October deadlines. For taxpayers preparing the September GSTR-3B return, October brings a tight compliance window…
The new Tatkal NPS feature lets eligible BHIM users open a pension account from their phones with an initial contribution of ₹250, removing much of the paperwork and branch visits traditionally involved. India has taken a fresh step towards making…
With small savings rates unchanged for April-June 2026, a ₹2,50,000 NSC investment could mature at about ₹12,815 more than a five-year bank FD, although tax treatment and access to funds remain key considerations. For savers with ₹2,50,000 to deploy for…
Fixed deposit interest is taxed as income, meaning a 6.40% headline rate can deliver an effective return of about 4.64% for investors in the 30% tax bracket. Fixed deposit interest in India may look straightforward on paper, but the tax…
Railway passengers buying tickets at station counters must be offered the same accident insurance option as IRCTC users, with the Supreme Court warning the Railway Board it will be held accountable for delays. Indian Railways has been told to extend…
India’s finance minister says the government will hear investor arguments on LTCG and securities transaction tax reforms, without signalling whether either levy will change. India’s finance minister has signalled that the government is willing to hear arguments for scrapping long-term…
Profits from selling physical gold must be reported to India’s tax authorities, with the rate depending on how long the jewellery was held and whether it was inherited. Selling old gold jewellery can look like a simple household transaction, but…
India has brought a new anti-abuse rule into force under its Mauritius tax treaty, giving authorities powers to deny benefits where securing them was a main purpose of an arrangement. India has tightened the rules governing investments channelled through Mauritius,…
The proposed overhaul would replace paid-up capital criteria with market-cap thresholds, ease institutional share-sale rules and bring selected SME listing requirements closer to the mainboard. Sebi has proposed a significant rewrite of the rules governing small and medium enterprise IPOs,…
