RELIEF Scheme What Indian Exporters Need to Know

RELIEF Scheme: What Indian Exporters Need to Know

PIB Release ID: 2242410Date: 19 March 2026Announced By: DGFT under Export Promotion Mission (EPM)Website: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2242410&reg=3&lang=1Implementing Agency: ECGC Ltd.Total Outlay: ₹497 Crore (allocated across insurance support, risk coverage, and MSME reimbursement under the RELIEF scheme) The RELIEF scheme for exporters helps reduce this sudden financial pressure and supports trade continuity. Why This Scheme Was Introduced Over […]

Allowances in Salary Which Are Taxable and Which Are Exempt

Allowances in Salary: Which Are Taxable and Which Are Exempt?

This document explains salary allowance taxability and TDS computation under both Old and New Tax Regimes, helping readers understand how different allowances affect taxable income and monthly deductions. It includes a detailed allowance wise table that clearly classifies each component based on taxability, eligibility under both regimes, and applicable exemption limits for accurate salary structuring. […]

AI Skills Building Future Ready Professionals Across All Sectors

AI Skill: Building Future-Ready Professionals Across All Sectors

The AI Imperative: Why AI Skill Enhancement Is No Longer Optional The transformation is here. According to recent industry analysis, 86% of organizations anticipate being AI-driven by 2028, while 80% of employees plan to use generative AI tools within the next five years[1]. This isn’t a distant future scenario—it’s happening now, and the gap between […]

What’s New in the Income Tax Act 2025 Small Business–Focused Overview

What’s New in the Income Tax Act 2025: Small Business–Focused Overview

The Income Tax Act 2025 has been introduced to make tax laws simpler, clearer, and more technology driven, but its real impact will be felt in how small businesses and units handle their day‑to‑day finances and compliances. Earlier, many provisions felt complicated and scattered; the new Act tries to reduce that complexity and increase transparency.Let’s […]

Quarterly vs Monthly GST Returns Which Option Is Right for Your Business

Quarterly vs Monthly GST Returns: Which Option Is Right for Your Business?

Quarterly vs Monthly GST Returns is one of the most important compliance choices a GST registered business may make. This decision affects compliance workload, cash flow planning, accounting discipline, and credit flow to customers. This blog explains the difference between quarterly and monthly GST filing and provide insight on which option is better for different […]

DPIIT Startup Definition 2026 What Changed & Why It Matters to You

DPIIT Startup Definition 2026  What Changed & Why It Matters to You

Notification G.S.R. 108(E) | Issued: 4 February 2026 | Replaces: 2019 Startup Definition Why This Update Exists The 2019 definition worked  but it left room for ambiguity. Founders were unsure about turnover limits, eligible entity types, and what “innovation” actually meant in practice.The 2026 notification fixes that. It does not reinvent the wheel. It closes […]