2026 Archives - S.K.M. & Co

Salary Structure Changes from April 1: What It Means for Your Take-Home Pay

Audit, UpdatesMarch 24, 20264KViews 0Likes 0Comments

As the new financial year approaches, many salaried employees are beginning to notice something unusual. It is not just about tax changes this time. It is about how your salary itself is structured. From April 1, 2026, the implementation of the new Labour Code, alongside the evolving income tax framework, is expected to bring a…

New Income Tax Act: Simplifying Compliance and Reducing Litigation

UpdatesMarch 21, 2026293Views 0Likes 0Comments

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 businesses and professionals, this has translated into higher compliance efforts, interpretational confusion, and frequent disputes. The…

BHAVYA Scheme Explained: Implications for Businesses and Investors

Corporate Law, UpdatesMarch 20, 20264KViews 0Likes 0Comments

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 execution bottlenecks in industrial expansion. At an initial glance, the scheme resembles previous industrial policy announcements.…

Market Downturn Strategy: Positioning Portfolios Through the Current Correction

Finance, UpdatesMarch 20, 20262KViews 0Likes 0Comments

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% below its recent peak. The drawdown has been driven by a combination of…

HUF Explained: Can This Structure Really Help You Save Tax?

Indirect Tax, UpdatesMarch 19, 2026286Views 0Likes 0Comments

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 picture. It’s not new. In fact, it has existed for decades. Yet,…

Income Tax Changes From April 2026: What Taxpayers Should Know

UpdatesMarch 16, 2026372Views 0Likes 0Comments

As the next financial year approaches, India’s direct tax framework is preparing for one of its most significant structural updates in decades. From April 1, 2026, the newly enacted Income-tax Act, 2025, will replace the long-standing Income-tax Act of 1961. The objective is not to radically change tax rates. Instead, the focus appears to be…

Income-Tax Notice to Restaurants: Why 63,000 Businesses Received Emails

UpdatesMarch 14, 2026423Views 0Likes 0Comments

As the financial year approaches its closing weeks, another compliance issue has quietly emerged for the restaurant industry. The Income-Tax Department has reportedly sent communication to around 63,000 restaurants across India, asking them to review and correct their income disclosures before March 31. The emails are part of what officials describe as a “nudge” initiative.…

NPS Tax Benefits 2026: How an Extra ₹50,000 Deduction Actually Works

UpdatesMarch 13, 2026312Views 0Likes 0Comments

As the financial year moves toward its final days, many salaried individuals begin reviewing their tax-saving investments. Most people are familiar with the usual options, insurance policies, ELSS funds, PPF or home loan deductions under Section 80C. But there is one retirement product that quietly offers something more. The National Pension System, or NPS, allows…

March 15 Advance Tax Deadline: What Taxpayers Should Keep in Mind

UpdatesMarch 11, 2026400Views 0Likes 0Comments

As the financial year approaches its final weeks, many taxpayers find themselves reviewing income, checking deductions and making sure their tax payments are in order. Around this time, one date quietly becomes important - March 15, the deadline for the final instalment of advance tax. Advance tax simply means paying income tax during the year…

RBI Proposes New Customer Protection Rules for Digital Banking Fraud

UpdatesMarch 7, 20264KViews 0Likes 0Comments

Digital payments have become the backbone of everyday financial activity in India. UPI transfers, mobile banking, card payments and internet banking now handle millions of transactions daily. While this shift has made payments faster and more convenient, it has also increased the exposure of individuals and businesses to digital fraud. Recognising this risk, the Reserve…

Gold Prices May Rise – But Gold Loan Risks Rise Too

UpdatesMarch 2, 2026245Views 0Likes 0Comments

The sharp escalation in the Middle East after the recent US–Israel strike on Iran has pushed global investors toward safe-haven assets. Gold is usually the first beneficiary of such uncertainty, and early market signals suggest that prices could climb further if tensions remain elevated. For households and small businesses, this often leads to a familiar…

Who Can Be the Karta of an HUF – Wife or Daughter? Understanding the Current Legal Position

UpdatesFebruary 26, 20262KViews 0Likes 0Comments

For years, the idea of a Hindu Undivided Family (HUF) revolved around a simple assumption - the eldest male handled family decisions and controlled ancestral property. But the legal framework that governs HUFs has shifted quietly and decisively. And with that change comes a question many families now ask their CA or tax advisor: Can…

Salary Structure Changes from April 1: What It Means for Your Take-Home Pay

New Income Tax Act: Simplifying Compliance and Reducing Litigation

BHAVYA Scheme Explained: Implications for Businesses and Investors

Market Downturn Strategy: Positioning Portfolios Through the Current Correction

HUF Explained: Can This Structure Really Help You Save Tax?

Income Tax Changes From April 2026: What Taxpayers Should Know

Income-Tax Notice to Restaurants: Why 63,000 Businesses Received Emails

NPS Tax Benefits 2026: How an Extra ₹50,000 Deduction Actually Works

March 15 Advance Tax Deadline: What Taxpayers Should Keep in Mind

RBI Proposes New Customer Protection Rules for Digital Banking Fraud

Gold Prices May Rise – But Gold Loan Risks Rise Too

Who Can Be the Karta of an HUF – Wife or Daughter? Understanding the Current Legal Position

Get In Touch

Quick Links

Services

Offices