Latest update 02.07.2026

latest update

Recap of Latest updates posted on 01.07.2026

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ITR – ‘Other Income’ column restored

From AY 2026-27, the option to report ‘Other Exempt Income’ was removed. Now it is being restored.

GST Day: 9 years

To commemorate nine years of the Goods and Services Tax (GST), the Central Board of Indirect Taxes and Customs (CBIC) organized a special celebration ..

Gross and Net GST revenue collections for the month of June, 2026

Gross and Net GST revenue collections for the month of June, 2026

Advisory on Revision of Timeline for Amendment of Aggregate Annual Turnover (AATO), 2026

It is informed that the Aggregate Annual Turnover (AATO) functionality is currently being upgraded to enable automatic updation of AATO

Form of Dresses or Robes to be worn by GSTAT members

Goods & Services Tax Appellate Tribunal (GSTAT) issued clarification on the Form of dresses or robes to be worn by members.

Haryana scam shocker: IAS officer arrested on retirement day in ₹593-crore IDFC Bank fraud probe

In a dramatic twist, the Central Bureau of Investigation (CBI) on Tuesday arrested senior IAS officer Pardeep Kumar on the very day he retired, tightening its grip on the massive Rs 593-crore Haryana government funds scam.

GST’s credit challenge: Why input tax credit remains the biggest challenge

When the Goods and Services Tax (GST) was implemented on July 1, 2017, one of its central promises was to eliminate tax cascading and allow seamless flow of input tax credit (ITC) across the value chain. 

Stock traders’ alert: When income tax audit becomes mandatory for AY 2026-27

Now that the income tax return filing time is here you can start the process by first preparing your tax return information and data.

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