April 22, 2026

Know the ITR filing last date for 2026 (AY 2026-27) under the new Income-tax Act, 2025. Check due dates for individuals, businesses, audit cases, penalties for late filing, and expert tips to file your income tax return accurately and on time with TwoTax.

April 20, 2026

Learn the meaning of assessee and person under the Income Tax Act 2025, including types, differences, and legal implications with examples.

April 18, 2026

Understand the definition of income under the Income Tax Act 2025, including scope, types, examples, and taxability with expert insights.

April 11, 2026

Understand the scope of total income under the Income-tax Act 2025. Learn how residential status impacts taxability, global income rules, and key provisions explained by tax experts at TwoTax.

March 27, 2026

Understand residential status under the Income-tax Act, 2025 and how it differs from the 1961 Act. Learn key changes, NRI rules, and how your tax liability is impacted. Avoid costly mistakes today.

March 13, 2026

Understand key definitions in the Income-tax Act 2025, including assessee, income, capital asset, person, and previous year, and how they impact taxation in India.

March 11, 2026

Learn the structure of the Income-tax Act 2025 and how India’s new tax law reorganizes provisions, simplifies compliance, and replaces the Income-tax Act 1961.

March 10, 2026

Learn why India introduced the Income-tax Act 2025, replacing the 1961 law. Understand its objectives, simplification goals, digital economy focus, and compliance reforms.

February 13, 2026

Explore the major banking reforms announced in Union Budget 2026, including PSB strategy, bond market expansion, FEMA reforms, MSME liquidity measures, and infrastructure financing initiatives.

February 11, 2026

DIR-3 KYC rules amended from FY 2026-27. Learn new 3-year filing rule, DIR-3-KYC-Web process, due dates, penalties & compliance tips for directors in India

December 10, 2025

ITAT Delhi quashes reassessment in Bhagirathi Krishnan vs ITO due to time-bar. Learn 3-year vs 10-year tax reopening limits under Section 148.

December 06, 2025

The RBI has changed its currency strategy. Discover why India's central bank is no longer defending the Rupee's price level and is instead focusing on volatility management. Understand the impact on inflation and exports.

November 27, 2025

A detailed, easy-to-understand guide on how audits enhance direct tax compliance, prevent revenue leakages, improve governance, and strengthen India’s tax system.

November 22, 2025

IBBI’s new proposals aim to boost transparency, protect homebuyers, improve disclosures, and increase accountability in the CIRP process. Understand all key changes in simple language.

November 18, 2025

Understand the complete GST and income-tax impact when purchasing software from foreign vendors with no PE in India. This detailed guide explains reverse charge GST, ITC eligibility, TDS under Section 195, royalty vs SaaS taxability, compliance requirements, and practical examples—written in simple terms for startups,…

November 12, 2025

Understand the Simplified GST Registration Scheme 2025 in simple terms – eligibility, ₹2.5 lakh threshold, step-by-step process, benefits, and withdrawal rules.

November 12, 2025

The Madras High Court’s 2025 judgment in Velu Ramakrishnan vs Commissioner of Commercial Taxes reaffirmed that GST registration should not be permanently cancelled for procedural lapses. This detailed guide explains when GST registration can be cancelled, how to revive it after compliance, and what the…

November 12, 2025

Explore how the GST 2.0 reform reduces GST on solar panels, inverters and complete solar systems to 5% in India what it means for homeowners, farmers and businesses adopting solar power.