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April 3, 2026
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Tax clearance certificate requirements for persons leaving India are set out through electronic filing of Form 158.
Form 158 is the application for a Tax Clearance Certificate required from a person directed by the Assessing Officer to obtain clearance before leaving India. It is filed each time the requirement applies, captures travel, identification, business, and passport details, and must be supported by documents such as passport or emergency certificate, PAN, and travel booking records. The form is filed electronically through the income-tax portal and digitally signed; on processing, Form 159 is issued as the Tax Clearance Certificate.
April 3, 2026
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Tax Clearance Certificate filing under Form 158 requires mandatory electronic submission before leaving India.
Form 158 is the mandatory electronic application for a Tax Clearance Certificate for domiciled persons required to obtain clearance before leaving India under the Income-tax Act, 2025. It must be filed each time the person leaves India, through the e-filing portal only. PAN is mandatory, while Aadhaar is not required. Supporting documents include passport or emergency certificate details and travel booking documents. The form cannot be edited after submission, and verification may be completed through prescribed electronic modes.
April 3, 2026
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Foreign departure undertaking for persons without PAN or taxable income is proposed as a manual compliance form.
Form 157 is a manual undertaking to be furnished by persons domiciled in India leaving India at the time of departure under section 420(4) of the Income-tax Act, 2025 and Rule 228 of the Income-tax Rules, 2026. It applies only to persons without PAN or without income chargeable to tax. The form requires identity and passport details, an undertaking regarding PAN or taxable income status, and particulars of the foreign visit, supported by passport documents or an emergency certificate where no passport is available.
April 3, 2026
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Form 157 certificate filing rules for domiciled persons leaving India without PAN or taxable income
Form 157 is a proposed new income-tax certificate form for persons domiciled in India leaving India who do not have PAN, do not have income chargeable to tax in India, or are not required to obtain PAN. It is mandatory subject to notified exceptions, must be filed each time the person leaves India, and is to be submitted manually before the jurisdictional Assessing Officer with the prescribed identity documents. The form does not require proof of tax payment, Aadhaar is no longer required in the personal details, and corrections may be made before submission or later through the Assessing Officer.
April 3, 2026
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Form 156 filing requirement for Indian residents leaving India is being split into declaration and undertaking formats.
Persons domiciled in India leaving India must furnish Form 156 at the time of departure as an undertaking under section 420(3) of the Income-tax Act, 2025 read with rule 228 of the Income-tax Rules, 2026, subject to notified exceptions. The form is to be filed electronically through the Income-tax Department e-filing portal and requires personal particulars, travel purpose, duration of stay abroad, passport details, and supporting documents such as passport and PAN, or an emergency certificate where no passport is available. The form structure is being rationalised by splitting the existing manual form into Form 156 and Form 157.
April 3, 2026
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Departure undertaking requirement governs Form 156 filing, with PAN-based e-filing and limited verification options for domiciled persons leaving India.
Form 156 is an undertaking to be furnished by persons domiciled in India leaving India at the time of departure, subject to notified exceptions. It applies only where the person has a valid PAN and income chargeable to tax in India, and is filed each time the person leaves India. The form cannot be edited after submission and acknowledgement. Filing is electronic through the income tax e-filing portal, with verification by electronic verification code or digital signature certificate, and requires passport or emergency certificate details, without proof of tax payment or Aadhaar.
April 3, 2026
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No objection certificate for departing persons not domiciled in India issued as tax clearance through departmental process.
Form 155 is the no objection certificate and tax clearance certificate issued by the Assessing Officer to a person not domiciled in India under section 420(1) of the Income-tax Act, 2025, read with Rule 228 of the Income-tax Rules, 2026. It is issued in response to Form 154 filed by a person leaving India, records identity and travel details, and states the validity period of the certificate. The certificate is issued through the departmental ITBA functionality and may need to be shown to Customs or Immigration Officers if required.
April 3, 2026
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Tax Clearance Certificate for non-domiciled persons is issued on Form 154 applications and may be required for immigration checks.
Form 155 is a Tax Clearance Certificate issued by the prescribed authority in response to Form 154 for a person not domiciled in India. It is not filed by the taxpayer, is issued subject to the conditions in the Act through the ITBA system, and has no prescribed statutory timeline. The certificate is event-based, depends on travel requirements, and may be produced before immigration officers if asked.
April 3, 2026
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Undertaking for tax clearance on departure from India requires employer or other signatory support and manual filing.
Form 154 is an undertaking required from an employer or other person when a person not domiciled in India is leaving India. It is filed manually under section 420(1) and Rule 228, and is supported by passport or Emergency Certificate details. The form is generally attached to a request for a Tax Clearance Certificate, and processing results in issuance of Form 155.
April 3, 2026
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Form 154 undertaking governs tax clearance for non-domiciled persons leaving India with India-sourced income.
Form 154 is the prescribed undertaking for a non-domiciled person leaving India with India-sourced income in connection with business, profession or employment. It is signed by the employer or other person concerned, filed offline before the prescribed authority, and is required each time such person departs India. The form supports issuance of a tax clearance certificate, requires a valid PAN, and is accompanied by a passport or emergency certificate, while Aadhaar is not required and proof of tax payment is optional.
April 3, 2026
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Tax recovery notice and certificate require payment within 15 days before recovery proceedings can begin.
Form 153 is the statutory Certificate and Notice of Demand issued by the Tax Recovery Officer for recovery of outstanding tax arrears under the Income-tax Act, 2025, read with the Income-tax Rules, 2026. It is an event-driven recovery instrument issued after default and a recovery certificate, may cover multiple tax years and multiple heads of arrears, and directs the taxpayer to pay within 15 days, failing which recovery proceedings may follow.
April 3, 2026
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Tax recovery demand notice under Form 153 requires payment of arrears within 15 days before coercive recovery begins.
Form 153 is the statutory Certificate and Notice of Demand issued by the Tax Recovery Officer for unpaid tax arrears, including tax, interest, penalty, fine, or other sums. It requires payment within 15 days and may cover multiple tax years or multiple heads of arrears in one notice. If payment is not made, recovery proceedings may follow, including attachment or sale of property and other enforcement measures, with interest, costs, charges, and expenses also accruing.
April 3, 2026
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Advance tax estimate dispute through Form 152 lets an assessee submit reasons and a revised income estimate.
Form 152 is used to intimate the Assessing Officer under section 407(8) where an assessee considers the estimate of income or advance tax in a notice of demand under section 289, issued pursuant to an order under section 407(2) or section 407(5), to be excessive. The assessee may state the reasons for disputing the estimate and furnish a revised estimate of income subject to advance tax for the relevant tax year. The form includes the demand reference, reasons for dispute, revised head-wise income estimate, computation of advance tax payable, and verification, together with supporting documents where required.
April 3, 2026
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Advance tax estimate disputes can be notified through Form 152 with reasons and a revised income estimate.
Form 152 is the statutory mechanism for intimating the Assessing Officer that a demand for advance tax is excessive and for furnishing a revised estimate of income subject to advance tax. It is optional and may be filed only by a person served with such notice who considers the Assessing Officer's estimate to be higher than the correct estimate for the relevant tax year. The form must be filed before the Assessing Officer who issued the demand and must specify the reasons for disputing the estimate along with a head-wise revised estimate of income.
April 3, 2026
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Advance tax compliance through Form 151 notice of demand, setting estimated liability, instalments, and due dates for payment.
Form 151 is the prescribed notice of demand for requiring payment of advance tax under the Income-tax Act, 2025. It is issued by the Assessing Officer to an assessee liable to pay advance tax under section 407(2) or 407(5), based on available information regarding the assessee's income for the relevant tax year. The notice states the estimated advance tax liability and the instalments and due dates for payment, and is accompanied by a computation of advance tax payable under section 407.
April 3, 2026
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Advance tax notice under Form 151 sets out estimated income, instalments, and payment requirements for assessees.
Form 151 is the prescribed notice of demand for requiring payment of advance tax where an assessee is liable to pay advance tax on estimated income for the relevant tax year. It is issued by the assessing officer on the basis of the officer's computation of estimated income subject to advance tax and the advance tax payable, and it informs the assessee of the demand and the instalments and due dates for payment. The form must also set out the assessee's particulars, the statutory basis, the tax year, and the amount payable.
April 3, 2026
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Tax collection default certificate: Form 150 enables electronic proof that the collectee paid tax and the collector is not treated as in default.
Form No. 150 is the electronic accountant's certificate required where a collector has failed to collect tax at source, but the collectee has included the relevant income in the return and paid the tax due, so that the collector is not treated as an assessee in default under section 398(2). The form is furnished electronically through the prescribed online filing framework, supported by a Chartered Accountant's certification confirming inclusion of income in the collectee's return and proof of tax payment. The process uses TRACES and e-filing portal steps, with prescribed transaction details, supporting records, and digitally signed certification.
April 3, 2026
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Tax at source default regularisation through Form No. 150 requires accountant certification and preserves interest liability.
Form No. 150 provides a mechanism for a collector who failed to collect tax at source to avoid being treated as an assessee in default where the collectee has filed a return, included the relevant amount in income, and paid the tax due. The form relies on an accountant's certificate in Annexure A and applies to both resident and non-resident collectees. Filing begins on the TRACES website and is processed through the e-filing portal, while interest remains payable for the period from the date tax was collectible until the collectee files the return.
April 3, 2026
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Assessee-in-default relief through accountant certification when the payee has disclosed income and paid tax.
Form No. 149 is the accountant's certificate used where tax was not deducted or was deducted short, but the payee has reported the income and paid the tax. It is filed electronically by the deductor through TRACES with Chartered Accountant certification to establish that the deductor is not treated as an assessee-in-default under section 398(2), though interest may still apply until the deductee pays the tax.
April 3, 2026
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Tax deduction default relief through Form 149 allows deductors to regularise failure to deduct tax once deductee tax payment is verified.
Form No. 149 provides a mechanism for a deductor to regularise failure to deduct tax at source where the deductee has already filed a return and paid the tax due. The Accountant's certificate in Annexure A confirms that the deductee filed the return, included the relevant income, and paid the tax. The form may be filed for resident or non-resident deductees, and if accepted the deductor is not treated as an assessee in default, though interest remains payable until the deductee files the return. Filing is initiated through TRACES and the e-filing portal.

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BlueFocus Reports 2025 Results as AI-Driven Revenue Reaches USD 546.05 Million and Token Usage Surpasses One Trillion

April 22, 2026

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BEIJING, April 22, 2026 /PRNewswire/ -- BlueFocus today released its 2025 annual report, reporting revenue of USD 10.07 billion, net profit of USD 32.984 million, net profit attributable to shareholders excluding non-recurring items of USD 39.873 million, and net cash generated from operating activities of USD 92.645 million. The company also reported AI-driven revenue of USD 546.05 million for the year, while total token usage surpassed one trillion. The results point to two developments at once: a return to stronger operating momentum and deeper AI integration into the company's workflows. According to the annual report, AI-driven revenue rose 210.42% year over year and accounted for 5.42% of total revenue in 2025. At the same time, global outbound media buying remained the company's largest business segment, generating USD 8.282 billion and accounting for 82.25% of total revenue.

In a separate letter to investors released alongside the annual report, BlueFocus CEO Fei Pan described token usage as a practical internal indicator of whether AI has moved beyond experimentation and into operating workflows. "Token has become the new fuel and new infrastructure of intelligence," Pan wrote. "Behind these massive token numbers is the fact that AI has truly entered every capillary of BlueFocus's business, from social media insights, creator analysis, and advertising risk control, to winning-creative extraction, intelligent budget adjustment, and video content production." BlueFocus said those workflows are increasingly being handled through its Blue AI platform. In 2025, Blue AI completed 146 million agent-to-agent collaborative tasks. Across 85% of relevant operating scenarios, including strategy formulation, budget allocation, and media-buying decisions, the company said AI outperformed humans without manual intervention. Management said the next stage is to extend that capability toward more autonomous, end-to-end decision-making across marketing operations.

The company is also tying AI more directly to organization design and capital allocation. BlueFocus said it has built a core bench of nearly 500 AI talents and introduced an AI Business Partner mechanism to embed AI capability across business lines. In 2025, investment in AI-related technical talent reached USD 13.957 million, up 76.52% year over year. BlueFocus said these changes are intended to support a broader shift from project-based delivery toward more system-based and continuously learning AI services.

On the investment side, BlueFocus said 2025 was the first year in which it strategically concentrated its external investments on AI Native companies. According to the investor letter, the company has invested in six AI Native companies across multimodal video generation, creator marketing, digital employees and agent infrastructure, generative engine optimization, and AI advertising decision-making. It also made a strategic investment in AGI House, which BlueFocus described as part of its effort to stay connected to early-stage AI companies and emerging capabilities.

Global outbound marketing remained the company's main revenue engine in 2025. BlueFocus said its three major strategic media partners — Meta, Google, and TikTok for Business — all delivered year-over-year advertising revenue growth, while relationships with newer partners including AppLovin, Uber Ads, and Netflix continued to expand. The company said this broader media mix is intended to give Chinese brands a more complete and efficient global traffic matrix as they expand internationally.

BlueFocus is also continuing to build out local operating capacity overseas. The company currently operates seven overseas offices and expects that number to rise to more than ten in 2026. Offices in Singapore, Vietnam, Thailand, and Indonesia have developed quickly, and BlueFocus said more than two of them have already entered the stage of scaled profitability. The company said the next phase of Globalization 2.0 will focus not only on growth, but also on improving revenue mix and profit mix through a greater contribution from mid-tier media partners and from self-built traffic and technology platforms such as Blue X and Blue Turbo.

In his investor letter, Pan framed AI and Globalization 2.0 as the company's two long-term operating priorities. "Under the twin waves of AI and globalization, we have the opportunity to truly break through the boundaries and ceiling of BlueFocus's development," he wrote.

BlueFocus said it will continue to invest in AI infrastructure, AI-driven operating models, and overseas operating capacity as part of its long-term strategy.

About BlueFocus BlueFocus is a China-based marketing communications and technology company. Its core businesses include global outbound marketing, full-service campaign services, and AI-driven marketing platforms. The company said it is focused on integrating AI more deeply into operating workflows while expanding its overseas business footprint.

(Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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