KNOWLEDGE HUB
Income Tax FAQs Explained: 15 Common Questions with Practical Examples
FY 2025–26 AY 2026–27 Income tax — 15 FAQs with examples 15 5 15 Questions covered Topic categories Worked examples...
7 Common ITR Filing Mistakes You Must Avoid This Year to Save Tax and Avoid Notices
Filing your Income Tax Return (ITR) is a crucial annual responsibility. However, even small errors can trigger tax notices, delays, or extra demands. Therefore, understanding these common mistakes helps you file correctly the first time. Why Getting Your ITR Right...
Employer Contribution to NPS Under Section 80CCD(2): Tax Benefits for AY 2026-27
Why Every Salaried Employee Should Pay Attention Many salaried employees focus only on their own NPS contributions at tax time. However, they often overlook one of the most powerful tax benefits available to them. Section 80CCD(2) covers the tax treatment of your...
Meta Invests $900 Million in CRED: Kunal Shah Appointed WhatsApp Global Chief
A Power Move That Is Changing the Tech Landscape Meta Platforms has just stunned the global technology industry. The American social media giant has committed $900 million to CRED, a fast-growing Indian fintech company. Alongside this investment, Meta has named CRED's...
NIL LTCG Liability or Inflated Tax Demand? Section 112A Tool Under Legal Scanner
A growing number of taxpayers are challenging tax demands raised using the Income Tax Department's Section 112A computation utility. The debate raises a critical question: Does the tool accurately reflect the law? What Is Section 112A and Why Does It Matter?...
GSTN Revises e-Invoice and e-Way Bill APIs with New Compliance Requirements for Businesses
GST Compliance June 20, 2026 5 min read Tax Tech, GSTN, Compliance India's GST Network (GSTN) has updated its e-Invoice and e-Way Bill APIs. As a result, businesses must now align their systems with...
New Haryana Data Centre Policy 2026
The State That Decided to Power India's Digital Backbone When Data Became the New Real Estate Not long ago, land in Haryana meant agricultural fields and factory plots. Today, however, it increasingly means server racks, cooling towers, and fibre optic cables. The...
Haryana Electronics Waste Recycling Policy, 2026
A Green Industrial Revolution Turning Old Gadgets into Green Gold Every year, millions of old phones, laptops, and televisions pile up across Indian homes. Most end up in backyards, open drains, or illegal dump sites. Haryana has decided to change that story. In May...
Tax Treatment of Unexplained Income Under Sections 68, 69, 69A, 69B, 69C and 69D
Introduction: Why These Sections Exist Tax evasion has always been a major challenge for governments worldwide. India is no exception to this problem. Consequently, the Income Tax Act, 1961, contains several specific provisions to tackle hidden income. Sections 68 to...
Blocked Input Tax Credit (ITC) under GST: Legal Provisions, Accounting Treatment, Circulars & GSTR-3B Disclosure
Introduction: What Is Input Tax Credit? Input Tax Credit (ITC) is a powerful feature of the GST system. It allows businesses to reduce their tax liability. Essentially, you pay tax on purchases and claim it back against output tax. However, not every purchase...