by Jagdeep Garhwal | Aug 21, 2026 | Income Tax
Many parents in India receive financial support from children living abroad. Naturally, this raises an important question. Is this money taxable, and what rules apply? Fortunately, the answer brings relief to most families. The Short Answer: No Tax on the Gift Itself...
by Jagdeep Garhwal | Aug 21, 2026 | General
Global private equity giant Bain Capital is reportedly exploring a major investment in JBM Auto. According to news reports, the firm is in discussions to invest up to ₹2,850 crore, or nearly $300 million, in JBM Auto’s electric vehicle business. As a...
by Jagdeep Garhwal | Aug 20, 2026 | Income Tax
The Income Tax Department has introduced a major change for non-profit organisations. From April 1, 2026, a new form called Form No. 112 will replace two older forms. These are Form No. 10B and Form No. 10BB. This update comes under the Income-tax Act, 2025....
by Jagdeep Garhwal | Aug 19, 2026 | Income Tax
Many Indians hold small foreign assets they never reported. A forgotten bank account, unused stock options, or a modest overseas investment can all count. Until now, missing these details carried serious risk. However, a new government scheme now offers a way out....
by Jagdeep Garhwal | Aug 18, 2026 | Income Tax
India’s tax landscape keeps evolving, and 2026 has brought another major update. The Taxation and Other Laws (Amendment) Act 2026 reshapes several rules under the country’s tax framework. Why Was This Act Introduced? The story begins with the...
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