Freeman Prem DAlmeida
freemanalmieda.bsky.social
Freeman Prem DAlmeida
@freemanalmieda.bsky.social
Self-reporting of unexplained income in ITR to save 50%: A permanent Voluntary Disclosure of Income Scheme (VDIS) in Budget 2026?

Read more at:
economictimes.indiatimes.com/wealth/tax/s...

#Incometax
Self-reporting of unexplained income in ITR to save 50%: A permanent Voluntary Disclosure of Income Scheme (VDIS) in Budget 2026? - The Economic Times
Self-reporting of unexplained income in ITR to save 50%: A permanent Voluntary Disclosure of Income Scheme (VDIS) in Budget 2026?
economictimes.indiatimes.com
February 12, 2026 at 5:49 AM
One-time capital gains set-off dropped in latest version of Income Tax Act 2025: How it impacts your tax bill

Read more at:
economictimes.indiatimes.com/wealth/tax/o...

#incometax #capitalgain
One-time capital gains set-off dropped in latest version of Income Tax Act 2025: How it impacts your tax bill - The Economic Times
This one time capital gains set-off provision is removed in the final version of Income Tax Act, 2025; Know how it impacts
economictimes.indiatimes.com
February 11, 2026 at 6:56 AM
Old tax regime is not going to end soon;CBDT chairman rules out sunset clause for old regime
Old tax regime is not going away anytime soon even though about 88%individual taxpayers have switched to the new regime.-CBDT chairman RaviAgrawal
Read more at:
economictimes.indiatimes.com/wealth/tax/o...
Old tax regime is not going to end soon; CBDT chairman rules out sunset clause for old regime - The Economic Times
Old tax regime is not going to end soon; CBDT chairman rules out sunset clause for old regime
economictimes.indiatimes.com
February 6, 2026 at 5:50 AM
Tax structure for MNCs with India biz may be reworked

India plans to revise tax rules for MNCs to clarify profit attribution and protect its taxing rights.

#TaxReform #MNCIndia

m.economictimes.com/news/economy...
Tax structure for MNCs with India biz may be reworked
India is considering revamping its permanent establishment tax framework, including formula-based profit attribution, to protect taxing rights, offer clarity to MNCs and digital firms, and reduce long...
m.economictimes.com
January 21, 2026 at 9:08 AM
What Is the Tax Implication if My NRI Husband Transfers Foreign Funds to Me?

Money sent by your NRI husband is not taxable, as it’s a gift from a spouse.
But any income earned from investing that money in India may be clubbed and taxed in his hands.

#NRI #GiftTax
www.livemint.com/money/person...
What is the tax implication if my NRI husband transfers foreign funds to me? | Mint
If any money is received without consideration and if the aggregate value exceeds ₹50,000, it is taxable in the hands of the recipient unless it is received from a ‘relative'.
www.livemint.com
January 20, 2026 at 4:53 AM
Fast-track demergers for corporate restructuring face tax roadblocks

Fast-track demergers aim to speed up restructuring without tribunal approval, but current tax laws deny tax neutrality, leading to capital gains tax for companies and shareholders.

#TaxPolicy

www.moneycontrol.com/news/busines...
www.moneycontrol.com
January 19, 2026 at 4:48 AM
Weekly Highlights | Compliance & Advisory Updates😇
January 17, 2026 at 8:38 AM
Tax Department Issues Notices to 4–5 Foreign Digital Firms Over Permanent Establishment in India 🇮🇳

Indian tax authorities want five foreign digital companies to pay tax in India.
The companies disagree and say their online work is not
taxable.

www.moneycontrol.com/news/busines...
www.moneycontrol.com
January 16, 2026 at 4:43 AM
Happy Makar Sankranti 2026😇
January 14, 2026 at 9:21 AM
Got more carpet area after property redevelopment? No income tax on extra carpet area if it meets a key condition

Extra carpet area received after redevelopment is not taxable, subject to Section 54 conditions.

#propertytax #section54

m.economictimes.com/wealth/tax/g...
Got more carpet area after property redevelopment? No income tax on extra carpet area if it meets a key condition - The Economic Times
No income tax for getting additional carpet area in property via redevelopment arrangement with builder in this condition; Know how it works
m.economictimes.com
January 14, 2026 at 5:51 AM
Companies Act Classification vs Income Tax Character

Discusses how classifying transactions (loan/deposit/current account) under company law affects tax treatment, especially under Sections 269SS and 68 of the IT Act.

#CompaniesAct #IncomeTa

taxguru.in/company-law/...
Analysis of Director Loans under Companies Act, 2013 & Income Tax Act, 1961
Explains how director funding, though permitted under company law, can create adverse tax consequences if inconsistently classified or documented....
taxguru.in
January 12, 2026 at 8:48 AM
TCS on Foreign ESPP: What Every Indian Employee Must Know

#TCS #ForeignESPP #ESPPIndia #NRIandTax
January 10, 2026 at 5:25 AM
CBDT reduced Time Limit for Filing TDS and TCS Correction Statements to 2 Years

Corrections can now be made within 2 years from the month the original return was filed.
This rule applies immediately, so ensure all TDS/TCS returns are checked and corrected on time.

www.taxscan.in/top-stories/...
[BREAKING] CBDT reduced Time Limit for Filing TDS and TCS Correction Statements to 2 Years
To fully comprehend the ramifications of this change and to make sure that their compliance processes are in line with the new, more stringent timeline, all entities are encouraged to speak with their...
www.taxscan.in
January 8, 2026 at 6:45 AM
GST Record Time: Registration approved within Less than an Hour

GST registration was approved within 53 minutes after submission.This highlights digital reforms, automated checks, and simpler processes.It comes under the new 3-day GST registration rule(CGST Rule 14A).
www.taxscan.in/top-stories/...
GST Record Time: Registration approved within Less than an Hour
If such initiatives continue effectively, they can make a big difference for small taxpayers by saving time and reducing compliance difficulties.
www.taxscan.in
January 7, 2026 at 6:51 AM
💼 From Company Formation to Tax Filing – We Handle It All

BridgeMark is here to guide you through every step😊
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#BridgemarkCorporateServices #AccountingServices #BusinessComplian #CompanyRegistration #StartupSupporthashtag
December 29, 2025 at 7:47 AM
India’s labour law landscape is transforming.

The New Labour Codes bring 29 labour laws under one unified framework, creating a simpler, transparent, and technology-driven compliance system for employers and employees alike.

#NewLabourCode #LabourLawReformshashtag #EmploymentLaw
December 24, 2025 at 11:40 AM
Are you aware of your Tax Collected at Source (TCS) obligations under the Income-tax Act?

Section 206C places responsibility on sellers to collect TCS on specified goods and transactions, including high-value sales, contracts, foreign remittances, and overseas tour packages.
December 24, 2025 at 11:38 AM
📢 New Property Tax Rules You Should Know!
BridgeMark is here to guide you through every step.
📞 +91 72043 20381 | 🌐 bridgemarkcorporate.com

#PropertyTaxUpdatehashtag #CapitalGainsIndiahashtag #TaxCompliancehashtag #RealEstateTaxhashtag #ITRIndiahashtag #BridgeMarkhashtag #CorporateServic
December 24, 2025 at 11:37 AM
📣 New GST Registration System Launches Nov 1! 😊

Say goodbye to long waits—get your GST number in just 3 days.

Perfect for startups, MSMEs, and growing businesses.

💡 Apply early with BridgeMark for faster processing! 👍
December 24, 2025 at 11:35 AM
Important Update for Taxpayers – AY 2025–26

The Central Board of Direct Taxes (CBDT) has officially extended the due date for filing Income Tax Returns for Assessment Year 2025–26 for taxpayers required to get their accounts audited under the Income-tax Act, 1961
December 24, 2025 at 11:30 AM
Deduction on #ForeignBank's HeadOffice expenditure capped at 5% of income

If any foreign company operating in #India incurs any expenses outside India but that is also related to IndianBusiness, Sec44C allows the deduction for that expense

#InternationalTaxation
m.economictimes.com/industry/ban...
Deduction on foreign bank's 'head office expenditure' capped at 5% of income: Supreme Court - The Economic Times
If any foreign company operating in India incurs any expenses outside India but that is also related to Indian business, Section 44C allows the deduction for that expense, but it is subject to the res...
m.economictimes.com
December 22, 2025 at 8:25 AM