Tax News

From ₹50,000 to ₹1 Lakh How PAN Rules Are Set to Change in 2026

From ₹50,000 to ₹1 Lakh: How PAN Rules Are Set to Change in 2026

Tax News /

India’s tax compliance environment may soon become significantly more practical and proportionate. The Central Board of Direct Taxes (CBDT), through the draft Income-tax Rules, 2026, has proposed revising several PAN reporting thresholds that have long been considered outdated. If approved, these revised rules will take effect from April 2026, reducing compliance burdens for individuals, small […]

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Goodbye Form 13, Hello Form 128 Key Changes Taxpayers Must Know

Goodbye Form 13, Hello Form 128: Key Changes Taxpayers Must Know

Tax News /

The compliance framework for obtaining a Nil or Lower TDS (Tax Deducted at Source) Certificate has undergone an important transformation with the introduction of Form 128 under the Income-tax Act, 2025. This new form replaces the earlier Form 13, bringing with it structural simplifications, reduced documentation requirements, and a more focused data submission process. For

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Securities Transaction Tax (STT) on Futures and Options A Detailed Analysis

Securities Transaction Tax (STT) on Futures and Options: A Detailed Analysis

Tax News /

The Indian capital market has witnessed exponential growth in the derivatives segment, particularly Futures and Options (F&O). With rising participation from retail traders, institutional investors, and foreign portfolio investors, regulatory oversight and taxation have become increasingly important. One such levy is the Securities Transaction Tax (STT), which directly affects every derivatives trader operating on recognized

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