by Team SKM | Feb 24, 2026 | Updates
In a major compliance reform, the Goods and Services Tax Network (GSTN) has operationalised a simplified registration and withdrawal framework under Rule 14A of the CGST Rules, 2017, effective from 1 November 2025. The revised system aims to reduce compliance burden...
by Team SKM | Feb 23, 2026 | Updates
India’s youngest workforce is entering a financial phase unlike any previous generation. Easy access to digital credit, rising living costs and a rapidly changing consumer culture are pushing Gen Z into debt levels that were once unimaginable. Debt counselling firms...
by Team SKM | Feb 21, 2026 | Updates
In a dramatic twist on global trade policy, Donald Trump has launched a new tariff strategy that could reshape the world’s economic landscape. After the U.S. Supreme Court delivered a setback to his earlier tariff program, Trump responded swiftly with an alternative...
by Team SKM | Feb 20, 2026 | Updates
India’s tax system is set for a major update. From 1 April 2026, several familiar compliance forms, including Form 16, Form 16A, Form 24Q, Form 26Q, Form 27Q and Form 26AS, will be renamed under the Draft Income-tax Rules, 2026. This overhaul is part of a broader...
by Team SKM | Feb 19, 2026 | Updates
India’s tax system is set for a noticeable change in the way financial transactions are tracked. Under the Draft Income Tax Rules 2026, the focus is moving away from watching one transaction at a time to understanding a person’s overall financial activity during the...
by Team SKM | Feb 18, 2026 | Updates
Forex transactions in India may soon become more flexible, as the Reserve Bank of India (RBI) has issued draft directions proposing wider operational freedom for authorised participants in the forex market. The proposed changes are designed to simplify how banks and...
