KNOWLEDGE HUB
Taxation of Charitable and Religious Trusts in India
A Deep Dive into Sections 11, 12 & 13 Charitable and religious institutions play a vital role in India's social fabric. To support their efforts, the Income Tax Act, 1961, grants significant tax exemptions to these entities. However, these benefits are not...
“Section 54 Capital Gains Exemption: How to Save Tax on Sale of Residential Property”
What Is Section 54 of the Income Tax Act? Selling your home can bring a large tax bill. Fortunately, Section 54 of the Income Tax Act, 1961 offers significant relief. This provision allows homeowners to save on capital gains tax. Specifically, it applies when you sell...
Haryana IT/ITeS, AI and Emerging Technologies Policy 2026
Focus on Transformation From Fields to Fibre: Haryana's Bold Leap into the AI Era Driving Innovation • AI Leadership • Digital Transformation • Future-Ready Workforce Haryana has always been a quiet powerhouse of India's economy. Now, however, the state is making bold...
Haryana Global Capability Centres (GCC) Policy, 2026
A New Era for India's Tech Growth India is changing fast. Cities like Bengaluru, Hyderabad, and Mumbai have long led the charge. Now, Haryana is stepping boldly into the spotlight. The Haryana government launched its GCC and Data Centre Policy 2026 as part of a...
TDS on Sale of Property by NRIs in India
When a Non-Resident Indian (NRI) sells a property in India, any profit arising from the transaction is generally taxable as Capital Gains. The tax treatment depends on the property's holding period and determines whether the gain is classified as Short-Term Capital...
The Income-Tax (Amendment) Ordinance, 2026
India Exempts Foreign Investors from Tax on Government Securities The Income-Tax (Amendment) Ordinance, 2026 removes capital gains and interest tax for FIIs on G-Secs, effective April 1, 2026. June 5, 2026 Ministry of Law & Justice ...
Haryana Agri Business and Food Processing Policy 2026
A New Chapter for Farm-to-Fork Growth In a landmark move signalling its intent to transform agriculture from a subsistence sector into a high-value industrial engine, the Haryana Cabinet on May 18, 2026, approved a package of 10 major industrial and sector-specific...
Haryana AVGC-XR Policy, 2026
Empowering Animation, VFX, Gaming, Comics & Extended Reality Ecosystems Building India's Next Creative Technology Powerhouse Introduction India's creative technology landscape is undergoing a seismic transformation, and Haryana is positioning itself right at the...
Tax Compliance Calendar – June 2026: Deadlines For Income Tax & GST
Introduction June 2026 is a critical compliance month for businesses, professionals, companies, LLPs, and tax practitioners across India. It marks the convergence of several important statutory obligations under the Income-tax Act, 2025 and the Goods and Services Tax...
Haryana Pharmaceutical and Medical Devices Manufacturing Policy
Haryana has emerged as one of India's most proactive states in building a robust healthcare manufacturing ecosystem. Through two landmark policy frameworks — the Haryana Pharmaceutical Policy 2019 and the Haryana Medical Devices Manufacturing Policy 2024 — the state...