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March 27, 2026
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Advance Pricing Agreement pre-filing consultation form streamlines transfer pricing discussions, electronic filing, and anonymous representation options.
Form FN050 is the income-tax application for a pre-filing consultation in relation to an Advance Pricing Agreement, allowing an eligible person to discuss the proposed transfer pricing methodology for international transactions before formal APA filing. The form requires details of the applicant, the type of APA proposed, the transactions to be covered, and the relevant tax years, with annexures covering group structure, business model, functional profile, transfer pricing audit history, and other international transactions. It is filed electronically, assigned to an APA team, and taken up for consultation, with the Indian competent authority associated in bilateral or multilateral cases.
March 27, 2026
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Advance Pricing Agreement pre-filing meeting form guides optional online application for transfer pricing discussions.
Form 50 is the prescribed income-tax application for requesting a pre-filing meeting in connection with an Advance Pricing Agreement under the transfer pricing framework. It is optional and available to a taxpayer intending to enter into an APA, enabling the taxpayer to place its proposed transfer pricing methodology before the tax authority before making a formal APA application. The form may be filed before undertaking the international transaction, only once in a year, and online only through the Income Tax e-Filing portal.
March 27, 2026
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RERA enforcement and insolvency accountability need overhaul to protect homebuyers from stalled projects and blocked ownership.
Stricter enforcement of RERA and insolvency law is sought to address homebuyers left without possession or legal title despite paying builders in full. The proposed reform emphasis includes attachment of a builder's personal assets on declaration of insolvency and the imposition of strict punishment after proper investigation. Concern is also expressed that delays within RERA allow default disputes to continue indefinitely, defeating the purpose of the regulatory regime.
March 27, 2026
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Excise duty relief and export levies aim to shield fuel consumers and secure domestic supply amid global oil-price volatility.
Excise duty on petrol and diesel has been reduced to cushion domestic consumers against the rise in global crude oil prices and the resulting pressure on fuel costs. The special additional excise duty on petrol has been cut and the corresponding levy on diesel has been removed, while export duties have been reintroduced on diesel and aviation turbine fuel to preserve domestic availability of these products. The measure applies to diesel and aviation turbine fuel, but no windfall tax has been imposed on domestic crude oil producers.
March 27, 2026
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Safe harbour filing requirements under Form 49 cover eligible transactions, due dates, disclosures, and accountant certification.
Safe harbour option under Form No. 49 is to be exercised by an eligible assessee by furnishing the merged and simplified form on or before the due date. The form replaces the erstwhile Forms 3CEFA, 3CEFB and 3CEFC and is used to furnish particulars relating to eligible international transactions, eligible specified domestic transactions and eligible business for the relevant tax year. Different filing timelines apply depending on the nature of the transaction, including a special filing window for provision of information technology services and a due-date-linked filing requirement for other cases.
March 27, 2026
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Safe Harbour compliance through Form No. 49 now consolidates transaction disclosures, eligibility conditions, and online filing requirements.
Form No. 49 is the electronic application for opting for Safe Harbour under the Income-tax Act, 2025 and the Income-tax Rules, 2026. It merges the earlier Forms 3CEFA, 3CEFB and 3CEFC into a single smart e-form for eligible international transactions, eligible specified domestic transactions and eligible business. The FAQs state that filing is mandatory only for assessees intending to opt for Safe Harbour, it must be filed online through the e-filing portal, and it requires disclosure of associated enterprises, transaction-specific details, supporting documents, accountant reports, and prescribed e-verification.
March 27, 2026
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Transfer pricing reporting requires structured transaction-wise disclosure, arm's length price details, and accountant certification under Form 48.
Form No. 48 requires an accountant's report to be furnished under the Income-tax Act, 2025 for international transactions and specified domestic transactions with associated enterprises. The form is filed annually by the prescribed due date and uses a structured, transaction-wise format covering the assessee's particulars, associated enterprises or persons, transaction details, advance pricing agreement information, arm's length price determination, and any adjustment. Part F contains the accountant's certification of maintenance of the required information and documents.
March 27, 2026
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Form No. 48 reporting rules for international and specified domestic transactions, online filing, PAN requirement, and arm's length pricing.
Form No. 48 is the mandatory accountant's report for international transactions and specified domestic transactions under section 172 of the Income-tax Act, 2025. It must be filed annually, only online through the Income Tax e-Filing portal, and requires a valid PAN. The form contains six parts covering assessee details, transaction aggregates, international and specified domestic transaction particulars, arm's length price computation, and threshold-based reporting. The FAQs also explain transaction identifiers, relationship coding, aggregation treatment, arm's length price auto-population, and the computation rules for transfer pricing methods.
March 27, 2026
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Excise duty cut on petrol and diesel eases fuel cost pressure amid rising global crude prices.
Excise duty on petrol has been reduced and diesel has been exempted from the levy with immediate effect to cushion consumers and fuel retailers from the impact of rising global crude prices. The notification lowers the duty on petrol and brings the diesel duty to nil, reflecting a policy response to volatility in international oil markets and the strain created by unchanged retail pump prices. The duty reduction is intended to provide headroom to fuel retailers by easing input-cost pressure and supporting price stability in the domestic market.
March 27, 2026
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Energy security and import dependence drive debate as fuel supply assurances counter claims of shortages and misinformation
Rising dependence on crude oil, LPG and natural gas imports is presented as an energy-security concern, alongside criticism that the promised push toward self-reliance has not been realised. The discussion also refers to earlier claims about a major gas discovery in the Krishna-Godavari basin and allegations that later audit reports treated the episode as a large-scale irregularity. Government and oil marketing companies, however, state that petrol, diesel and LPG supplies remain stable and adequately stocked.
March 27, 2026
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Excise duty cut on petrol and diesel aims to ease pressure on fuel retailers amid rising global crude prices.
Excise duty on petrol has been reduced to Rs 3 a litre from Rs 13 a litre, while excise duty on diesel has been reduced to nil from Rs 10 a litre, with immediate effect. The duty cuts are intended to ease pressure on oil marketing companies facing elevated global crude prices and frozen retail fuel prices amid geopolitical disruption in oil markets.
March 26, 2026
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WTO dispute settlement and e-commerce duty moratorium face renewed calls for reform and careful reconsideration.
A dysfunctional WTO dispute settlement system is described as having deprived members of effective redressal, and restoration of an automatic and binding dispute settlement mechanism is called for. Careful reconsideration of the continued extension of the moratorium on customs duties on electronic transmissions is urged because its scope remains unsettled and may have significant revenue implications. WTO reform is presented as needing to be transparent, inclusive and member-driven, anchored in development, non-discrimination, consensus-based decision-making, equity and effective special and differential treatment.
March 26, 2026
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Transatlantic trade safeguards shape EU approval of the US deal, allowing suspension if the agreement is undermined.
European lawmakers approved the transatlantic trade agreement with safeguard amendments that permit suspension if the United States undermines the deal, discriminates against EU economic operators, threatens territorial integrity or foreign and defence policies, or engages in economic coercion. The agreement retains a 15 per cent tariff on most goods and proceeds to further negotiation between EU and US trade representatives, with the added language intended to preserve European interests and provide greater certainty for businesses.
March 26, 2026
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Accountant certificate filing for international and specified domestic transactions must follow the prescribed online process and timeline.
Form No. 47 is the accountant's certificate for international transactions or specified domestic transactions meeting the conditions in rule 82(5). It is to be furnished with Form No. 46 within the prescribed filing window, beginning from the end of the third tax year and ending on 30 June following that year. The form can be submitted only online through the Income Tax e-Filing portal, and no supporting documents are required.
March 26, 2026
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Arm's length price option filing through Forms 46 and 47 under rule 82 for multiple-year determination.
Rule 82 prescribes Form No. 46 and Form No. 47 for exercise of the option for determination of arm's length price under section 166(9) of the Income-tax Act, 2025. Form No. 46 is furnished by an assessee for determining arm's length price in respect of international transactions or specified domestic transactions for multiple years in a single proceeding, covering the second and third tax years immediately following the first tax year in which reference has been made under section 166. Form No. 47 is the accompanying accountant's certificate.
March 26, 2026
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Arm's length price option through Form No. 46 covers multiple years, online filing, and accountant certification.
Exercise of option for determination of arm's length price under section 166(9) is made through Form No. 46 for international transactions or specified domestic transactions for multiple years in a single proceeding. The option covers the second and third tax years immediately following the first tax year in which a reference has been made under section 166. Form No. 46 must be filed between the end of the third tax year and 30 June following that year, only online through the Income Tax e-Filing portal, and accompanied by the accountant's certificate in Form No. 47.
March 26, 2026
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Foreign tax credit filing rules for Form 44 require resident assessees to report foreign income, refunds, and supporting documents.
Form No. 44 is required for a resident assessee claiming foreign tax credit under Rule 76 or intimating refund of foreign tax arising from carry backward of loss, revision of return, or similar changes. It must generally be filed within 12 months from the end of the relevant tax year, or by the date of furnishing an updated return where applicable. The form covers particulars of the person, foreign income and credit claimed, and any refund of foreign tax, and must be supported by documents on income, foreign tax paid, disputes, and refund particulars. Filing is made through the e-filing portal with e-verification, and accountant verification applies in specified cases.
March 26, 2026
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Digital housing loan access expands through a unified marketplace for defence and government personnel.
The Gruh Sugam Portal streamlines digital housing loan access for Defence personnel, members of paramilitary forces, and State and Central Government employees through their administrative units. It functions as a unified digital marketplace that relays minimal loan requests to registered lending institutions, enables comparison of competing offers, and supports seamless digital integration, online query resolution, grievance redressal, and consumer protection. The initiative is aimed at improving transparency, efficiency, financial inclusion, and affordable home ownership.
March 26, 2026
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Foreign tax credit filing requires Form 44, with online submission, supporting documents, and accountant verification in specified cases.
Form No. 44 is the prescribed electronic statement for a resident assessee claiming foreign tax credit on income from a country or specified territory outside India. It is mandatory where foreign income is involved and credit is sought for foreign tax paid, and it also applies where a refund of foreign tax arises after credit has already been claimed. The form must be filed online through the e-filing portal within the specified time, and it includes particulars of the person, foreign income and credit details, and refund-related details. Supporting certificates, proof of payment or deduction, and accountant verification in specified cases are required.
March 26, 2026
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Cashless health insurance claims timelines and fair pricing measures aim to improve settlement efficiency and policyholder trust.
IRDAI has prescribed timelines for cashless health insurance claims, requiring pre-authorisation within one hour and final authorisation within three hours to reduce delays and support timely medical care. The sector has also seen strong growth in premiums, while fair pricing under 2024 regulations is linked to relevant risk factors, periodic actuarial review, credible data and customer feedback. Claims settlement data, grievance disposal figures and common grounds for disallowance or repudiation are also noted.

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DigiFortex Achieves CREST Accreditation, Advancing High-Assurance Cybersecurity for Globally Regulated Enterprises

April 13, 2026

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Bengaluru-born, US-incorporated - founded 2021, bootstrapped, debt-free - CREST accredited in under five years, backed by global CISOs, cybersecurity pioneers, and technology founders Bangalore Team of DigiFortex Inc. BENGALURU and WILMINGTON, Delaware - April 2026: DigiFortex, a cybersecurity and digital risk assurance company incorporated in India in April 2021 and in the United States in May 2022, achieved CREST accreditation for penetration testing in February 2026 - under five years from founding, coinciding with the company’s fifth anniversary on April 15, 2026. The accreditation places DigiFortex among a select group of firms meeting the independently verified standard required by financial regulators across the United Kingdom, Singapore, Malaysia, the Netherlands, and the United States. Most CREST-accredited firms have been operating for a decade or more. DigiFortex earned it in under five years - bootstrapped and debt-free. CREST requires member organisations to undergo a rigorous independent audit of technical methodology, governance, information security management, and staff competence - actively required or strongly preferred by the UK's Financial Conduct Authority, Singapore's Monetary Authority, and EU regulators under the Digital Operational Resilience Act. “CREST accreditation confirms that DigiFortex meets recognised benchmarks for technical delivery, governance, and security testing -giving clients greater confidence in assessing their security posture,” said Nick Benson, CEO of CREST International. “This reflects the level of assurance and quality we expect from our Members.” “Five years ago we started DigiFortex from Bengaluru -without external funding, without debt, with a conviction that enterprises deserved globally validated cybersecurity. Today, as we mark our fifth year, CREST accreditation confirms what our clients already knew. This is not the end. It is the baseline from which we take DigiFortex global.” said Vijay Kumar, Founder and CEO, DigiFortex. Three Certifications. One Firm. Under Five Years. DigiFortex holds three independent certifications simultaneously -earned without external capital: ✓ CREST Accredited - February 2026. Independently audited against the global standard required by FCA, MAS, and EU regulators. ✓ CERT-In Empanelled - Recognised by India’s national cybersecurity authority for information security auditing. ✓ ISO 27001:2022 Certified - Information security management independently verified to the same standard DigiFortex recommends to its clients. Three independent validations. Three questions answered: qualified to test, trusted with data, recognised by authority. Trusted by the World’s Most Demanding Organisations DigiFortex’s clients include a global e-commerce major, a global payments company, a global insurance group, a global logistics company, central and state government bodies across India, public sector organisations, India’s top fintech and investment platforms, Indian private sector banks, technology and IT services companies, autonomous and connected vehicle platform companies, and a global visa and consular services company -with clients across the US, EU, UAE, UK, India, Singapore, and beyond. These are repeat clients who trusted DigiFortex with their critical business systems - and came back. CISOs, CTOs, CFOs, and security leaders across the world’s most compliance-intensive organisations have cited DigiFortex’s technical depth, actionable reporting, and findings that surpassed those of established global vendors. No venture funding. No debt. Every engagement earned on delivery quality alone. Backed by a World-Class Advisory Board DigiFortex is guided by an advisory board of global cybersecurity leaders, technology entrepreneurs, and academics. The board includes a well-known US CISO and former senior leader at MITRE, bringing deep expertise in threat intelligence and enterprise cyber risk. A cybersecurity industry veteran who established and led the India operations of two of the world’s most recognised cybersecurity companies, before founding a global threat intelligence startup and serving as CTO of a leading US cybersecurity firm. The co-founder and CEO of one of India’s most successful B2B SaaS companies serving Fortune 500 enterprises globally. The co-founder and CEO of a US-based analytics consultancy serving regulated enterprise clients across HIPAA, GDPR, and ISO frameworks. The former Director of one of India’s premier technology institutes. A Canadian-based academic and cybersecurity practitioner specialising in privacy law and data protection. A technology entrepreneur with expertise in emerging enterprise platforms. Full advisory board profiles: https://www.digifortex.com/About-Us/ Built for the AI Era - A Complete Portfolio Security Testing: CREST-accredited penetration testing across web, mobile, API, network, cloud, IoT, and OT environments. LLM and AI Penetration Testing, Red Teaming and Adversary Simulation, Attack Surface Management and Dark Web Monitoring. v-CISO: Fractional Chief Information Security Officer leadership for globally regulated technology companies, and AI-driven enterprises - building and maturing security programmes without the cost of a full-time hire. Virtual DPO: Fractional Data Protection Officer services guiding organisations through DPDPA, GDPR, and multi-jurisdictional privacy obligations - from data mapping and impact assessments to regulatory liaison and breach response. End-to-End GRC and Certifications: Comprehensive governance, risk, and compliance across Indian frameworks -RBI, SEBI, NABARD, IRDAI, UIDAI, and SBI-VSCC - and global frameworks including DORA, HIPAA, FedRAMP, SOX, NIST, PCI DSS, SOC 2, ISO 27001, ISO 42001, and GDPR. Internal Audit. AI Governance. Risk Management. Data Privacy: Advisory and implementation across DPDPA, GDPR, CCPA, and PIPEDA - covering privacy by design, data mapping, privacy impact assessments, and cross-border data transfer compliance. Managed Security: 24x7 AI-powered SOC. Cloud-Native Application Protection Platform with real-time monitoring, threat detection, and automated compliance. Delivered from Bangalore, Mumbai, Delhi, and Pune. Coming Soon: Enterprise Platforms for Security, Privacy, Compliance & AI Governance DigiFortex is developing enterprise platforms delivering unified visibility across security posture, data privacy, and compliance - built for organisations navigating accelerating regulatory complexity and the expanding attack surface of AI adoption. Further details will be announced in the coming months. Innovation and Talent DigiFortex is backed by a solid engineering team with experience from the IITK ecosystem and India’s top technology institutions - combining deep offensive security expertise with rigorous GRC and privacy credentials. The team brings academic pedigree from Wharton, Kellogg, ISB, IIM, IIT, NIT, and IIITB, with founding experience from early-stage McAfee and APAC’s first Security Operations Centre. On every engagement, DigiFortex deploys engineers who have built, broken, and secured complex enterprise systems -not consultants who document them. Team certifications span OSCP, OSCP+, CRTP, CISSP, CEH, CISA, CCSA NG, ISO 27001 Lead Auditor, CIPP/E, DCPLA amongst others - covering offensive security, red team operations, enterprise security leadership, network defence, information systems audit, and data privacy law across European and global jurisdictions. The company has inventors with 17 US patents applicable across 170+ countries - reflecting an engineering culture that invents, not just implements. DigiFortex has engaged with Stanford University, the University of Washington, and the London School of Economics, and has on multiple occasions delivered security assessment findings that surpassed those of established global vendors. About DigiFortex DigiFortex is a cybersecurity and digital risk assurance company incorporated in India in April 2021 and in the United States in May 2022. Bootstrapped and debt-free, the company holds CREST accreditation, ISO 27001:2022 certification, and CERT-In empanelment -earned in under five years without external funding. Trusted by global e-commerce, payments, insurance, and logistics majors, government bodies, fintech platforms, and technology firms across the US, EU, UAE, UK, India, Singapore, and beyond, DigiFortex delivers penetration testing, GRC, SOC, AI security, CNAPP, and data privacy services from delivery centres across India. The company has inventors with 17 US patents applicable across 170+ countries. Website: www.digifortex.com Media Contact Vijay Kumar Founder & CEO, DigiFortex [email protected] +91 9448353194 www.digifortex.com (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

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