KNOWLEDGE HUB
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...
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...