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LatestAccounting And Audit 2 October 2026

Tax Audit Updates: New TDS Rates, Extended Deadline, NFRA Scrutiny

India’s tax landscape shifts with three key actions: updated TDS rates and contractor limits for FY 2026‑27, an extended tax‑audit filing deadline with a pre‑submission checklist, and the NFRA’s 35‑question guide for audit committees to scrutinize going‑concern risks with statutory auditors.
  • TDS on Contractors FY 2026‑27 – New rates, limits and compliance guidance released. Read more
  • Tax audit deadline extended – Important pre‑submission checks for taxpayers before filing returns. Read more
  • NFRA issues 35‑question audit‑committee checklist – Focus on going‑concern assessments for statutory auditors. Read more

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