New Income Tax Law

For AY 2026-27 or earlier years, notices, appeals, reassessments and pending proceedings will generally continue to be governed by the Income-tax Act, 1961, including the applicable limitation periods and procedural timelines.

New Income-tax Act 2025: Will your pending income tax case continue under the old law? Explained

The applicable law will depend on the tax year to which the proceedings relate. Where the proceedings pertain to assessment…

July 9, 2026 18:54 IST

Tax twist in 2025: Why professionals opting for presumptive scheme may pay more now

Income at Rs 12–15 lakh? These taxpayers may pay Rs 1 lakh extra tax under revised rules

A small change in how presumptive taxation is interpreted under the new Income Tax Act, 2025 could lead to higher…

April 2, 2026 16:58 IST

Old income tax laws to stay alongside new rules — here’s why they won’t go away soon

Old income tax laws will continue alongside the new Income-tax Act, 2025 for several years due to pending cases and…

Updated: April 1, 2026 08:55 IST

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For Rolls-Royce, the proposed partnership would bring its experience in advanced engineering and engine technology together with Reliance’s industrial capabilities…

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Reliance & Rolls-Royce Partner to Co-Develop Combat Engine for India’s AMCA Programme

Reliance, Rolls-Royce join hands to build AMCA combat engine

The proposed facility will cover the entire engine value chain, from design and development to manufacturing, testing and through-life support

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High-Cover Life Policies Jump 68% in 5 Years as Demand for ₹50 L+ Sum Assured Surges

Life insurers garner Rs 97,500 crore in annual premium from Rs 50 lakh-plus policies

The number of life policies in ₹50 lakh-plus cover rose 68% to 7.4 million in FY25 from 4.4 million in…

By FE Bureau

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August 14, 2026 20:26 IST

Leaving US could trigger a 10-year re-entry ban for these Green Card applicants

A new BIA ruling makes it riskier for immigrants with over 180 days of unlawful presence to travel on advance…

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India’s WPI Inflation Eases Slightly to 9.78% in July as Fuel Prices Cool

WPI inflation eases to 9.78% in July on lower fuel prices

Output producer price index steady

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Economy

August 14, 2026 20:18 IST

70% young Americans distrust AI’s biggest names as fears over jobs and the future grow: Report

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New Income Tax Law

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