Month: March 2026

📢 On 21 November 2025, the Government of India notified the new Labour Codes — and one critical shift stands out: 🔶 Full & Final (FnF) settlement must be completed within 2 working days (48 hours) of the employee’s last working day — Whether separation is due to resignation, termination, retrenchment, or closure. This marks […]

📅 Dated: 21 February 2026 The GSTN has introduced a new online functionality allowing eligible taxpayers to withdraw from the option availed under Rule 14A of the CGST Rules by filing Form GST REG-32 on the GST Portal. Here’s what you need to know 👇 ✅ Who Can Apply? * Active taxpayers registered under Rule […]

No TCS on Scrap? Decode Section 206C(1A), Form 27C & Section 394 of the Income Tax Act, 2025 In the world of Tax Collected at Source (TCS), businesses often focus on rates and deposits. However, the real compliance opportunity lies in the exemption mechanism under Section 206C(1A) of the Income-tax Act, 1961. For manufacturers and […]