by Team SKM | Jan 6, 2026 | Updates
The Reserve Bank of India has announced the premature redemption price for Sovereign Gold Bond (SGB) 2020–21 Series IX, which completes five years on 5 January 2026. Investors holding this series are eligible to exit at the notified price, which reflects a substantial...
by Team SKM | Jan 3, 2026 | Updates
In recent weeks, messages circulating on social media have claimed that the Reserve Bank of India (RBI) will stop dispensing ₹500 notes from ATMs, or discontinue their circulation altogether, by March 2026. These claims have led to avoidable concern among the public....
by Team SKM | Jan 3, 2026 | Updates
A recent Income Tax Appellate Tribunal (ITAT), Mumbai ruling has held that capital gains earned by a Singapore tax resident from redemption/sale of units of Indian mutual funds can fall under the residuary capital gains clause of the India–Singapore DTAA, and...
by Team SKM | Dec 31, 2025 | Updates
From 1 January 2026, a series of regulatory and financial changes will come into effect across taxation, employment compensation, banking, digital payments, and consumer finance. While none of these changes are disruptive in isolation, taken together they will affect...
by Team SKM | Dec 30, 2025 | Updates
An income tax calculator is commonly used to estimate tax payable for a financial year. However, when used early and thoughtfully, it can also serve as a practical planning tool. It helps individuals understand how income, deductions, and investments interact, and how...
by Team SKM | Dec 30, 2025 | Updates
Many taxpayers assume that filing an income tax return completes their obligation. In practice, filing is only the first step. A return attains finality only after it is processed by the Income Tax Department within the timelines prescribed under the Income Tax Act....