Union Budget 2026—Direct Tax Changes Explained Capital Markets – STT Hike on F&O What changed Instrument Old STT New STT Futures 0.02% 0.05% Options (premium) 0.10% 0.15% Options (exercise) 0.125% 0.15% Policy intent Discourage excessive speculative trading Increase non-distortionary revenue (STT is simple to collect) Push traders towards longer-term instruments Practical impact : High-frequency traders …
Using An SIP Calculator To Understand Disciplined Investing A Systematic Investment Plan is often used by mutual fund investors who are exploring structured ways to invest at regular intervals. Rather than committing a lump sum, an SIP allows individuals to invest a fixed amount periodically, typically monthly. An SIP calculator helps illustrate how such regular …
International Travel Insurance for Senior Citizens: Essential Tips & Benefits International travel for senior citizens often requires additional planning, particularly regarding healthcare access and financial preparedness. Age-related medical considerations, existing health conditions, and unfamiliar healthcare systems abroad can increase the risk of unexpected expenses. In this context, international travel insurance plays an important role by …
What is a Hindu Undivided Family (HUF)? A Hindu Undivided Family is a distinct legal and tax entity recognized under Indian tax laws. It consists of members related by blood, members related by marriage, and a Karta (head of the HUF). A Hindu Undivided Family can earn income, own assets, file its own income tax …
Know Your Rights & Duties in case Goods Seized under GST Act Under the GST law, goods and conveyance can be detained or seized during transit if prescribed conditions are violated. A clear understanding of these provisions can help businesses avoid penalties, delays, and litigation. When Can Goods Be Detained or Seized? Goods can be …
Use of artificial intelligence by the Tax Department: India’s New Compliance Reality Introduction CBDT has confirmed the expanded use of artificial intelligence and advanced data analytics by the Income Tax Department to detect discrepancies, strengthen enforcement, and enhance transparency, especially ahead of the passage of the new Income Tax Bill. This marks a structural shift: …
Draft C&AG Empanelment Policy 2026–27 – Issues Affecting Small & Medium CA Firms & Suggested Policy Interventions While the objective of the Draft Comptroller and Auditor General of India Empanelment Policy 2026–27 to strengthen audit quality, accountability, and governance—is fully appreciated, certain provisions, if implemented in their present form, are likely to result in unintended, …
When a Font Exposed a INR 68.7 L Long-term capital gain Tax Fraud Are your taxation-related documents AI-ready? A INR 68.7 lakh long-term capital gain claim collapsed because the font told the truth. In the artificial general intelligence era, authenticity is as important as arithmetic. In a landmark example of digital forensics at work, the Hyderabad …
What is an Electronic Bank Realization Certificate (eBRC)? An Electronic Bank Realisation Certificate (eBRC) is a digitally generated document issued by an authorized dealer bank to confirm that an exporter has received foreign exchange against an export of goods or services. It is the core proof of realization of export proceeds, replacing the old physical …
FIU-IND-related Policies & Procedures related to AML / CFT / CPF/ Designated Director and Principal Officer, Appointment of Designated Director (DD) Role of Designated Director : Person designated under Rule 2(1)(ba) of Prevention of Money Laundering (Maintenance of Records) Rules 2005, responsible for overall compliance with Chapter IV of the Prevention of Money Laundering Act …