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 Simplifying GST Registration for Multi-State Businesses Businesses operating across multiple States and Union Territories have traditionally had to go through a separate GST registration application process for each State. This often meant entering common business information repeatedly, managing multiple Temporary Reference Numbers (TRNs), and tracking applications separately. The GST Portal has now introduced a new “Multi-State Registration” facility that simplifies the initial registration process for businesses requiring GST registrations in multiple States or Union Territories. The facility, reported as available from 1 October 2026 , allows eligible taxpayers to select multiple States/UTs and initiate the registration process through a common workflow. A Master TRN is generated for the selected States/UTs, with State-specific TRNs subsequently created for the individual applications. This can reduce repetitive data entry and make the registration process easier to manage. ...

  🚨 Important Income Tax Update for Non-Residents The Central Board of Direct Taxes (CBDT) has announced an important extension of the income-tax compliance timeline for certain taxpayers for Assessment Year 2026-27 . One of the important compliance reports affected by the revised timeline is Form 3CE , the audit report prescribed under Section 44DA(2) of the Income-tax Act, 1961 . Form 3CE is relevant to specified non-resident taxpayers and foreign companies receiving income by way of royalty or fees for technical services (FTS) from the Government of India or an Indian concern, where the income is taxable under the provisions of Section 44DA. The applicable audit-report deadline has been extended from 30 September 2026 to 21 October 2026 for taxpayers covered by the relevant category. This extension follows CBDT Circular No. 07/2026 dated 28 September 2026 , under which the ITR deadline for specified audit-category taxpayers has been extended from 31 October 2026 to 21 Novembe...

🚨 Important Income Tax Update for SEZ Units The Central Board of Direct Taxes (CBDT) has announced an important extension affecting certain income-tax audit and reporting requirements for Assessment Year 2026-27 . One of the important reports covered by the revised timeline is Form 56F , which is relevant to eligible Special Economic Zone (SEZ) units claiming deduction under Section 10AA of the Income-tax Act, 1961 . The applicable due date for furnishing Form 56F has effectively moved from 30 September 2026 to 21 October 2026 for taxpayers covered by the relevant audit category. This extension follows CBDT Circular No. 07/2026 dated 28 September 2026 , which extended the return filing deadline for specified audit-category assessees from 31 October 2026 to 21 November 2026. As a consequence, the specified date for furnishing audit reports under Section 44AB moved to 21 October 2026. Reports whose governing provisions link their filing deadline to this specified date, including Form 5...