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Reading Time: 4 minutesBill To Ship To Under GST: Meaning, Section 10(1)(b), Examples & Case Laws (2026 Guide) The concept of “Bill To – Ship To” under GST is one of the most important yet commonly misunderstood provisions in Indian taxation. It applies in situations where goods are invoiced to one party but physically delivered to another. This
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Reading Time: 3 minutesGST invoice mandatory fields are defined under Rule 46 of the CGST Rules, 2017. Every registered taxpayer must issue a valid GST invoice containing prescribed details to ensure Input Tax Credit (ITC) eligibility and avoid penalties. Looking for GST invoice mandatory fields? This complete 2026 guide explains Rule 46, invoice format, penalties, and ITC rules
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Reading Time: 9 minutesThe Finance Act, 2026 (No. 4 of 2026) received the assent of the President of India on 30th March, 2026 and was published in the Gazette of India Extraordinary the same day. Spanning 121 pages and organised across five chapters, it gives legislative force to the financial proposals of the Union Budget 2026-27. Most provisions
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Reading Time: 5 minutesNew vs old tax regime 2026 comparison helps taxpayers choose the best option based on deductions, exemptions and tax slabs., The question every salaried taxpayer must answer at the start of each financial year — “new regime or old regime?” — has become more nuanced with Budget 2026. The new regime is now the default,
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Reading Time: 5 minutesSalary restructuring 2026 helps employees reduce tax by optimizing salary components like HRA, allowances and deductions., Most salaried employees receive their CTC as a fixed package and never question the split between taxable and non-taxable components. Yet the single most powerful lever you have to increase your take-home pay — without asking for a raise
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Reading Time: 5 minutesHRA Calculator 2026 helps salaried individuals calculate their House Rent Allowance exemption as per latest income tax rules, House Rent Allowance — popularly known as HRA — is one of the most valuable tax exemptions available to salaried employees in India. And Budget 2026 just made it even more powerful for millions of workers. The
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Reading Time: 7 minutesNew Allowances Perquisites Rules 2026, If you draw a salary in India, the last few weeks have likely brought you a pleasant surprise. The Union Budget 2026 didn’t just tinker at the edges — it delivered a comprehensive overhaul of allowances and perquisites that haven’t been meaningfully revised since the early 2000s. For millions of
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Reading Time: 10 minutes📜 Income Tax Rules, 2026 — Officially Notified G.S.R. 198(E) | Ministry of Finance, CBDT | Notified: 20 March 2026 | Effective: 1 April 2026 The Central Board of Direct Taxes (CBDT) has officially notified the Income Tax Rules, 2026 vide G.S.R. 198(E) on 20 March 2026. These rules come into force on 1 April
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Reading Time: 3 minutes🚨 GST Notice under Section 73 – Reply Format, Time Limit & PDF Download (2026 Guide) ⚠️ GST Notice under Section 73 Received? Don’t Panic! If you’ve received a GST notice under Section 73, it usually means: 👉 Tax department believes: Tax not paid / short paid Wrong ITC claimed Incorrect return filing But the
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Reading Time: 8 minutesTDS Section Mapping: Income Tax Act 1961 vs 2025,The Income Tax Act, 2025 has restructured TDS and TCS provisions under entirely new section numbers. While no changes in rates or thresholds have been made, every section — from salary TDS to VDA payments — now has a new identity. This post is your complete, ready-reference
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