S K and Associates

New tax regime update: Will child education & hostel allowances get bigger tax benefits? What you need to know

Under New Income Tax Rules, 2025, there have been major
increases in tax benefits like child education allowance and child hostel
allowance. The government has raised child education allowance from Rs 100 per
month to Rs 3,000 per month, and the child hostel allowance has jumped from Rs
300 per month to Rs 9,000 per month. The revised rates are per child for a
maximum of two children. But do taxpayers under the new tax regime also.

S K and Associates

New tax regime update: Will child education & hostel allowances get bigger tax benefits? What you need to know

Under New Income Tax Rules, 2025, there have been major increases in tax benefits like child education allowance and child hostel allowa...

90% Relief on Additional ROC Filing Fees

The Companies Compliance Facilitation Scheme, 2026 (CCFS-2026) by the Ministry of Corporate Affairs offers a one-time chance (15 Apr–15 Jul 2026) for defaulting companies to clear pending filings by paying only 10% of late fees under the Companies Act, 2013 (around 90% relief). Companies can also opt for dormant status (50% fee) or strike-off (25% fee). The scheme excludes certain companies and provides penalty immunity if<img alt="90% Relief on Additional ROC Filing Fees Under Companies Compliance Scheme 2026" class="sFlh5c FyHeAf" src="https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcSF3lcxQqfC1Rd_893EGuPQXkjvCBfjdShv8g&s" style="max-width: 600px; position: absolute; visibility: hidden;" /> complia<img alt="90% Relief on Additional ROC Filing Fees Under Companies Compliance Scheme 2026" class="sFlh5c FyHeAf" src="https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcSF3lcxQqfC1Rd_893EGuPQXkjvCBfjdShv8g&s" style="max-width: 600px; position: absolute; visibility: hidden;" />nce is completed on time. <img alt="" src="https://blogger.googleusercontent.com/img/a/AVvXsEgU2yHyy67wq21Ungo5riwI4UIP_bY4L24ASobdDtiG72TikaeB8Gkmi2fo3KKmzdedC21KY8e9NmkpFw15AtMLsrn_C5jlHgAn7CBCef3mO5sejd1zt4PlkFzF101bo-gt4ea3fg85UNdQMjyuz6JGbt6wTqr5SSKaspZq901k_paO5CONJNCB8rXI9Mpt" />

90% Relief on Additional ROC Filing Fees

The Companies Compliance Facilitation Scheme, 2026 (CCFS-2026) by the Ministry of Corporate Affairs offers a one-time chance (15 Apr–1...

Key Recent TDS Updates & Deadlines

Key Recent TDS Updates & Deadlines

Urgent TDS/TCS
Correction Warning: The
CBDT warned that the deadline for filing TDS/TCS corrections for several past
financial years (FY 2018-19 to 2023-24) is March 31, 2026, due to the new
Income Tax Act, 2025 transition.

TDS on Rent
(Section 194-IB): Tenants
paying over ₹50,000 monthly must deduct 2% TDS on annual rent in March, with a
20% penalty if the landlord's PAN is not provided

.

New Tax
Calculators: The Income Tax
Department has introduced online calculators for TDS/TCS to help with
compliance under the new 2025 regulations.

New Form 130
(Form 16 Replacement): From
April 1, 2026, employers will use the TRACES portal to issue Form 130 instead
of Form 16, offering detailed, system-based salary reporting.

Reduced Rate
(Section 194H): Effective
October 1, 2024, the TDS rate on commission/brokerage (excluding insurance) was
reduced from 5% to 2%.

SK and Associates

Key Recent TDS Updates & Deadlines

Key Recent TDS Updates & Deadlines Urgent TDS/TCS Correction Warning: The CBDT warned that the deadline for filing TDS/TCS correc...

S K and Associates

New tax regime update: Will child education & hostel allowances get bigger tax benefits? What you need to know

New tax regime update: Will child education & hostel allowances get bigger tax benefits? What you need to know

90% Relief on Additional ROC Filing Fees

Key Recent TDS Updates & Deadlines

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