AI and Digital Enforcement Surge
AI and Digital Enforcement Surge: Shift to AI-flagged audits in Income Tax/GST (1.2Cr notices in 2025), with 2026 focus on ESOP/foreign asset tracking. DRI pilots AI for smuggling detection. Compliance-First Ecosystem: Trust-based taxation via simplified slabs and auto-refunds, reducing litigation b
AI and Digital Enforcement Surge: Shift to AI-flagged audits in Income Tax/GST (1.2Cr notices in 2025), with 2026 focus on ESOP/foreign asset tracking. DRI pilots AI for smuggling detection.
Compliance-First Ecosystem: Trust-based taxation via simplified slabs and auto-refunds, reducing litigation by 30%. Buzz is GST collections stabilising at INR 1.8L Cr/month, influencing 2026 fiscal targets.
Sectoral Relief for Manufacturing/EVs: Extension of 15% concessional corporate tax for new units (expired March 2025) in Budget 2026, tied to GST reforms boosting EV sales (e.g., Mahindra’s 2026 growth).
Akhil Mittal appointed Addl. Director, Ramchandra Leasing & Finance Ltd
Akhil Mittal has been appointed as an Additional Non-Executive Director of Ramchandra Leasing & Finance Limited.
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