LatestIncome Tax 8 October 2026
India Tax Updates Sep 2026: EPF Ceiling, GST Changes, RBI Rate
India’s tax landscape shifts as the EPF wage ceiling rises to Rs 25,000 from Rs 15,000 effective 17 Sept 2026. The SCSS scheme is compared with NSC for returns, while a GST amendment aims to curb Kerala’s revenue leakage. A tribunal rules referral commissions non‑taxable under the India‑Netherlands DTAA, and the RBI lifts the repo rate to 5.50%. The GST Council prepares broad compliance reforms for its next meeting.
- EPF wage ceiling increased to Rs 25,000 (effective 17 Sept 2026). Read more
- SCSS vs NSC investment comparison for 2026 returns. Read more
- GST amendment proposed to reduce Kerala’s revenue leakage. Read more
- GST revolution overview since 2017 highlighting multi‑rate challenges. Read more
- ITAT ruling: customer referral commission not taxable under India‑Netherlands DTAA. Read more
- RBI repo rate hiked by 25 bps to 5.50% amid inflation pressures. Read more
- GST Council to discuss far‑reaching compliance reforms at upcoming meeting. Read more
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