Sri Vedanarayana Swamy blessed devotees on the sacred Rathotsavam during the annual Brahmotsavams at Nagalapuram, amidst devotional fervour and spiritual grandeur.
#ttd#nagalapuram
"We can see the Moon out of the docking hatch right now. It's a beautiful sight."
Flight day 3 is in the books, and our @NASAArtemis II crew is now closer to the Moon than to Earth. Check out highlights from our lunar mission. What’s been your favorite moment so far?
Transfer pricing safe harbour for IT, ITES, KPO, and software development — now consolidated into a single “Information Technology Services” category.
Uniform margin: 15.5% on operating costs.
Eligibility threshold: raised from Rs 300 crore to Rs 2,000 crore.
Block validity: five years.
For mid-size IT firms that were just below the old threshold — this is a meaningful opening.
One category, one margin, five years of certainty.
Document your application now before Q1 FY 2026-27 closes.
#SSpeaks #FEMA #InternationalTax #CAWithPurpose
INCOME TAX BREAKING: CBDT has issued Circular 4/2026, replacing the earlier DIN Circular 19/2019 with updated rules.
✅ All notices, letters, summons, and orders to taxpayers must carry a DIN going forward.
✅ DIN can be mentioned within the document, email, or even as a separate attachment - all are valid.
✅ Every page need not contain DIN - mentioning it once in the communication is sufficient.
✅ Public communications like guidelines or FAQs do not require DIN.
✅ DIN may be skipped only in exceptional cases, such as technical issues or system failure.
✅ DIN can also be absent when officers lack system access, PAN is unavailable, or migration issues exist.
✅ If communication is issued without DIN, reason must be clearly stated in the document. All such communications must get approval from senior authority within 15 days.
✅ Even when issued without DIN initially, it must be uploaded later with DIN within 15 working days.
Sea of devotion at Vontimitta as thousands of devotees witnessed Sri Sita Rama Kalyanotsavam.
The venue resonated with chants of “Sri Rama Nama”, reflecting collective faith and devotion.
#ttd#vontimitta#sitaramakalyanam#brahmotsavam2026
Income Tax Act, 1961 retires after 65 years.
From tomorrow, the Income Tax Act, 2025 governs every direct tax transaction in India.
819 sections become 536. 47 chapters become 23.
“Assessment Year” gives way to “Tax Year.” New forms. New perquisite valuation. New SEP thresholds. New safe harbour margins.
The language is simpler. The compliance standard is not lower.
Every practitioner’s system resets at midnight. ⚖️
#SSpeaks #CAIndia #ICAI #CAWithPurpose
Nifty is down 14% in first quarter of 2026
This marks the third worst performance for the index in the first quarter over the past 25 years
The worst first quarters (Q1) for the index came during Great Financial Crisis (2008) and COVID-19 pandemic (2020)