by Team SKM | Mar 23, 2026 | Updates
India’s tax system is entering a transition phase, and naturally, this is where most taxpayers begin to feel uncertain.With the new Income‑tax Act, 2025 set to come into effect from April 1, 2026, many individuals and business owners are asking a simple question:...
by Team SKM | Mar 21, 2026 | Updates
India’s tax framework is entering a transition phase. Over the years, the Income Tax Act of 1961 has evolved through continuous amendments. While each change addressed a specific need, the cumulative effect has been increasing complexity. For taxpayers, especially...
by Team SKM | Mar 20, 2026 | Updates
From policy announcement to execution focus As policy focus continues to centre on manufacturing and infrastructure, a new initiative has begun to take shape. The Bharat Audyogik Vikas Yojana (BHAVYA) is positioned as a large-scale effort to address long-standing...
by Team SKM | Mar 20, 2026 | Updates
Indian equities have entered a corrective phase. As of 20 March 2026, the Nifty 50 is down approximately 11–12% year-to-date, with sharper declines in rate-sensitive and export-linked sectors. The Nifty IT index, for instance, has corrected over 20% and is roughly 25%...
by Team SKM | Mar 19, 2026 | Updates
When it comes to tax planning, most people think in terms of deductions, investments, or salary structuring. But sometimes, the real opportunity lies in how income itself is structured. This is where the concept of a Hindu Undivided Family (HUF) comes into the...
by Team SKM | Mar 18, 2026 | Updates
As the financial year moves past the last advance tax deadline, a quieter but equally important task begins. For many taxpayers, especially business owners and professionals, the focus now shifts from payment to verification. Did the advance tax payment get recorded...