No Professional Tax Payable in Odisha from 1 April 2026
Odisha has abolished the levy of Professional Tax with retrospective effect from 1 April 2026, easing the tax burden on professionals and salaried employees.
tax compliance
Profession Tax: Maharashtra Grants One-Time Relaxation for March 2026 Deadlines
Maharashtra GST Department has announced temporary relief for Profession Tax compliances due in March 2026, with PTRC payments due by 15 March, PTEC payments by 31 March, and delayed registrations allowed till 30 April 2026.
Income Tax (Amendment) Rules, 2026: Key Changes to Rules 114-F, 114-G and 114-H
Finance Ministry has notified the Income Tax (Amendment) Rules, 2026, aligning tax reporting framework with evolving global standards for digital assets, electronic-money instruments, and CBDCs.
Capital Gains Accounts Scheme Goes Digital: Key Highlights of Second Amendment 2025
Finance Ministry has notified second Amendment to Capital Gains Accounts Scheme introducing digital payments, SEZ coverage, and mandatory online account closure from April 2027.
CBDT Update: New ITR Filing Deadline Announced for AY 2025—26
CBDT has extended the due date for filing ITR from 31st October 2025 to 10th December 2025, and the deadline for furnishing tax audit reports to 10th November 2025.
Relief for Taxpayers: CBDT Pushes Audit Filing Deadline to October-End
CBDT has extended the tax audit timeline for Assessment Year 2025—26, shifting the deadline from 30th September to 31st October 2025.