In a move that directly impacts salaried individuals ahead of the April 1, 2026, rollout of the new tax regime, the government has notified the Income-tax Rules, 2026, introducing key changes to perquisite taxation and HRA benefits, while also tightening compliance across the broader tax system. The notification completes the legal framework for the implementation…

The Enforcement Directorate (ED) is sending notices to people who purchased property in Dubai using credit cards. According to officials, such transactions may breach provisions of the Foreign Exchange Management Act (FEMA), which governs how Indian residents can send money abroad. Many Indians who bought property in Dubai made their initial payment by either swiping…