Kavi Priya
Content writer at Taxscan with a passion for clear, engaging legal content. I simplify tax and law topics while sharpening my research and communication skills.
![Budget 2026: Govt Slashes TCS on Foreign Tours, Education Remittances to 2% [Read Finance Bill 2026]](https://images.taxscan.in/h-upload/2026/02/01/500x300_2122864-budget-2026-govt-slashes-tcs-foreign-tours-education-remittances-2-taxscan.webp "Budget 2026: Govt Slashes TCS on Foreign Tours, Education Remittances to 2% [Read Finance Bill 2026]")
Budget 2026: Govt Slashes TCS on Foreign Tours, Education Remittances to 2% [Read Finance Bill 2026]
The Union Budget for the Financial Year 2026–27 was presented by Finance Minister Nirmala Sitharaman in the Lok Sabha today (Sunday, 1 February ...
![Interest awarded by MACT will be exempted from Income Tax: FM [Read Finance Bill 2026]](https://images.taxscan.in/h-upload/2026/02/01/250x150_2122863-interest-awarded-mact-exempted-income-tax-fm-taxscan.webp "Interest awarded by MACT will be exempted from Income Tax: FM [Read Finance Bill 2026]")
![Budget 2026: Government Targets Global Markets with Coconut, Cashew, Cocoa and Sandalwood Push [Read Finance Bill 2026]](https://images.taxscan.in/h-upload/2026/02/01/250x150_2122858-budget-2026-global-markets-coconut-cashew-cocoa-sandalwood-push-taxscan.webp "Budget 2026: Government Targets Global Markets with Coconut, Cashew, Cocoa and Sandalwood Push [Read Finance Bill 2026]")
![Budget 2026 Pushes AI, Biopharma, Semiconductors to Build Future-Ready Economy [Read Finance Bill 2026]](https://images.taxscan.in/h-upload/2026/02/01/250x150_2122853-budget-2026-pushes-ai-biopharma-semiconductors-build-future-ready-economy-taxscan.webp "Budget 2026 Pushes AI, Biopharma, Semiconductors to Build Future-Ready Economy [Read Finance Bill 2026]")
Big Relief for GST Taxpayers: GSTN Revises Interest Calculation for Late GSTR-3B Filing [Read Advisory]
The GST Network (GSTN) has announced several important changes in the filing of GSTR-3B, effective from the January 2026 tax period. These changes are to make interest calculation more accurate and...
![Big Relief for GST Taxpayers: GSTN Revises Interest Calculation for Late GSTR-3B Filing [Read Advisory]](https://images.taxscan.in/h-upload/2026/01/31/500x300_2122685-big-relief-for-gst-taxpayers-gstn-revises-interest-calculation-for-late-gstr-3b-filing-taxscan.webp "Big Relief for GST Taxpayers: GSTN Revises Interest Calculation for Late GSTR-3B Filing [Read Advisory]")
DGFT Imposes Import Restrictions on Penicillin, 6-APA & Amoxycillin Below Minimum Price Threshold [Read Notification]
The Directorate General of Foreign Trade (DGFT) issued Notification No. 56/2025-26 dated 29 January 2026 amending India’s import policy for certain key antibiotic raw materials. The notification...
![DGFT Imposes Import Restrictions on Penicillin, 6-APA & Amoxycillin Below Minimum Price Threshold [Read Notification]](https://images.taxscan.in/h-upload/2026/01/30/500x300_2122608-dgft-import-restrictions-penicillin-6-apa-amoxycillin-minimum-price-threshold-taxscan.webp "DGFT Imposes Import Restrictions on Penicillin, 6-APA & Amoxycillin Below Minimum Price Threshold [Read Notification]")
No Reassessment if Income Already Taxed at Highest Rate: Delhi HC Dismisses Revenue’s Appeal in Client Code Modification Case [Read Order]
In a recent ruling, the Delhi High Court held that reassessment cannot be done when the assessee has already disclosed the income and paid tax at the highest rate and dismissed the Revenue’s appeal...
![No Reassessment if Income Already Taxed at Highest Rate: Delhi HC Dismisses Revenue’s Appeal in Client Code Modification Case [Read Order]](https://images.taxscan.in/h-upload/2026/01/30/500x300_2122609-no-reassessment-income-already-taxed-highest-rate-delhi-hc-dismisses-revenues-appeal-client-code-modification-case-taxscan.webp "No Reassessment if Income Already Taxed at Highest Rate: Delhi HC Dismisses Revenue’s Appeal in Client Code Modification Case [Read Order]")
Ignoring Earlier HC Rulings, Revenue Cannot Insist on 10% TDS u/s 197 Without Showing Change in Facts: Delhi HC in SFDC Ireland Case [Read Order]
In a recent ruling, the Delhi High Court held that the Income Tax Department cannot force 10% TDS (Tax Deducted at Source) under Section 197 when there is no change in facts and earlier High Court...
![Ignoring Earlier HC Rulings, Revenue Cannot Insist on 10% TDS u/s 197 Without Showing Change in Facts: Delhi HC in SFDC Ireland Case [Read Order]](https://images.taxscan.in/h-upload/2026/01/30/500x300_2122584-ignoring-earlier-hc-rulings-revenue-cannot-insist.webp "Ignoring Earlier HC Rulings, Revenue Cannot Insist on 10% TDS u/s 197 Without Showing Change in Facts: Delhi HC in SFDC Ireland Case [Read Order]")