In a significant move to simplify tax audit compliance, the government has introduced New Form 26, replacing the earlier Forms 3CA, 3CB, and 3CD. This update is aimed at making tax audit reporting more streamlined, accurate, and efficient for businesses and professionals. Let’s understand everything in detail. What Were Forms...
In a major update aimed at simplifying compliance for non-profit organizations, the government has replaced the old Forms 10B and 10BB with a new unified Form 112. This change is designed to make the audit reporting process more streamlined, transparent, and efficient for registered Non-Profit Organizations (NPOs). Let’s break it...
In a recent update to streamline PAN application processes, the government has officially replaced the old Form 49A with two new forms — Form 93 and Form 94. This change aims to simplify and categorize PAN applications based on applicant type, making the process more efficient and user-friendly. Let’s understand...
The Ministry of Corporate Affairs has introduced the Companies Compliance Facilitation Scheme, 2026 (CCFS-2026) through General Circular No. 01/2026, providing a major one-time compliance opportunity for defaulting companies. Effective from 15 April 2026 to 15 July 2026, the Scheme permits companies to file pending statutory forms — MGT-7 / MGT-7A...
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