Loading...

⚠ ✕
❮ Top
☎ Help
☰
GST ▸
Central GST ▸
Integrated GST + ▸
UTGST / SGST ▸
GST Case Laws + ▸
Income Tax ▸
Income Tax ▸
Allied (Direct Tax) ▸
Income Tax Case Laws ▸
DTAA ▸
International Taxation ▸
Customs ▸
Customs Act / Rules ▸
Notifications / Forms ▸
Circulars / Tariff ▸
Case Laws / Manual ▸
FTP/SEZ ▸
Foreign Trade ▸
Notifications / Circulars / Appendix / Forms ▸
Special Economic Zone (SEZ) ▸
Corp. Law ▸
Company Laws ▸
Standards / Trusts ▸
Partnership / LLP / Societies ▸
Case Laws ▸
FEMA ▸
FEMA / FCRA ▸
Notifications / Circulars ▸
Manual / FAQ ▸
FEMA Case Laws ▸
SEBI / IBC ▸
SEBI ▸
SEBI Case Laws ▸
IBC ▸
IBC - Case Laws ▸
PMLA ▸
Benami Property ▸
Black Money ▸
Money Laundering ▸
Vivad ▸
Direct Tax ▸
Indirect Taxes ▸
Indian Laws ▸
Indian Laws ▸
Bharatiya Nyaya 2023 ▸
Finance Acts & Bills / Amendment Acts ▸
Case Laws ▸
Labour Laws ▸
Labour Code ▸
Old / Others ▸
Central Excise ▸
Central Excise - Cases ▸
Wealth Tax ▸
Service Tax ▸
Service Tax Cases ▸
CST / DVAT ▸
CST / VAT / Sales Tax ▸
×

By creating an account you can:

Logo TaxTMI
Keyword Search :
AI Tools : New
Ask tax questions in natural language. Powered by AI trained on the TaxTMI legal database. Use AI Tools ➞
Call Us / Help / Feedback✕

Contact Us At :

✉ E-mail: [email protected]

✆ Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search ✕
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
    6. Text Search
  6. The system will try to fetch results that contains ALL your words.
  7. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
    8. Text Search
╳
Add to...
You have not created any category. Kindly create one to bookmark this item!
✕
Create New Category
Hide
Title :
Description :
❮❮ Hide
❮ Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search ❯
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text ❯
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ---- ❯
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ---- ❯
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ---- ❯
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
❮
❯
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

Open Link
News
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries
April 3, 2026
Guidance Note – Form 171
Show AI Summary
Authorised Income Tax Practitioner registration under Form 171 depends on eligibility, supporting documents, and authority verification.
Form 171 is the one-time application for registration as an authorised Income Tax Practitioner under the specified eligibility categories in section 515(3) of the Income Tax Act, 2025. Eligible applicants include accountants, persons who have passed a recognised accountancy examination, and other qualified persons recognised by the Central Board of Direct Taxes. The form requires applicant details, the claimed eligibility category, qualifications, prior tax appearances, and supporting documents, and is filed with the jurisdictional Income Tax Authority for verification and registration.
April 3, 2026
Form 171 – Frequently Asked Questions
Show AI Summary
Authorised Income-tax Practitioner registration through Form 171 requires eligibility details, supporting documents, and one-time filing.
Form 171 is the prescribed application for registration as an Authorised Income-tax Practitioner under section 515 of the Income-tax Act 2025 and must be filed with the jurisdictional Chief Commissioner or Commissioner of Income-tax. The application is mandatory for recognition in that capacity, may be filed after eligibility arises, and is a one-time filing unless otherwise directed. It requires applicant particulars, eligibility details, qualifications, supporting documents, and relevant firm or association details. On approval, the applicant's name is entered in the Register of Income-tax Practitioners and a Certificate of Registration is issued.
April 3, 2026
Guidance Note – Form 168
Show AI Summary
Annual Information Statement consolidates tax credits, payments, transactions, and proceedings in a taxpayer's e-filing account.
Form 168 operates as an auto-generated Annual Information Statement linked to a taxpayer's PAN and available in the e-filing account. It consolidates TDS, TCS, tax payments, specified financial transactions, demand and refund details, and pending or completed proceedings, together with any other prescribed information. The taxpayer does not file the form manually. It is updated dynamically during the year as underlying reports and payments are processed, and it uses Tax Year instead of Financial Year.
April 3, 2026
Form No. 168 - Frequently Asked Questions (FAQs)
Show AI Summary
Annual Information Statement and taxpayer summary streamline income reporting through detailed verification, feedback correction, and consolidated return filing.
Annual Information Statement (AIS) is the detailed financial statement linked to PAN, and Taxpayer Information Summary (TIS) is its consolidated version showing category-wise totals for use in return filing. AIS contains transaction-level data, while TIS provides summarized figures such as salary, rental income, interest, capital gains, dividend, business income and taxes paid. Taxpayers should verify AIS, use the feedback mechanism for incorrect or unrelated entries, and rely on the updated TIS; actual income must still be reported in the return even if missing from AIS.
April 3, 2026
Difficulty in filing appeals on the GST portal in cases where adjudication orders reflect "NIL" demand due to prior voluntary payment
Show AI Summary
GST appeal filing blocked by NIL demand entries despite unpaid dispute over liability and prior voluntary payment.
Taxpayers may face portal restrictions when an adjudication order reflects a NIL demand because payment was made at the show cause notice stage without admitting liability. Although such payment does not amount to acceptance of the demand, the GST portal may block filing of appeal application APL-01 when no liability is captured in the Demand and Collection Register. The taxpayer may seek rectification of the order so that the correct demand amount is reflected and the appeal can then be filed within the prescribed time.
April 3, 2026
Guidance Note – Form 164
Show AI Summary
Annual reporting for film production and specified activities under the income-tax framework now requires structured disclosure and TDS linkage.
Form 164 requires persons engaged in cinematograph film production or notified specified activities to furnish an annual statement for each tax year under section 507 of the Income-tax Act, 2025, read with Rule 236. The statement is due within 60 days from the end of the tax year and covers filer particulars, film or activity details, and payment and TDS information, including aggregate payments above the prescribed threshold linked to the relevant film or activity. The revised format uses three parts and standardised digital reporting.
April 3, 2026
Form 164 – Frequently Asked Questions
Show AI Summary
Mandatory annual statement for film production and specified activities covers incomplete projects, threshold payments, TAN, and electronic filing status.
A mandatory annual statement is required under section 507 of the Income-tax Act, 2025 for persons engaged in cinematograph film production or specified activities such as event management, sports events, documentary production, OTT or TV programme production, performing arts, or similar notified activities. The filing obligation applies to every individual, partnership firm, LLP, company or other entity that produced a film or undertook a specified activity during the relevant tax year, including cases where the film or activity was not completed in that year. The statement must be filed within 60 days from the end of the tax year, and TAN is required where the filer is liable to deduct tax at source.
April 3, 2026
Bajaj Finance Extends Personal Loan Tenure up to 108 Months, Easing Repayment Burden
Show AI Summary
Personal loan flexibility expands as longer repayment tenure, collateral-free borrowing, and faster disbursal aim to ease EMI burden.
Bajaj Finance has revised its personal loan offering by extending the repayment tenure up to 108 months, replacing the earlier 96-month structure. The longer tenure is intended to reduce monthly EMI burden and give borrowers greater flexibility in managing repayments, while shorter tenures remain available within a range of 12 months to 108 months depending on customer preference. The personal loan product is described as collateral-free and designed for planned and urgent expenses, with loan amounts ranging from Rs. 40,000 to Rs. 55 lakh.
April 3, 2026
Guidance Note – Form 163
Show AI Summary
Indirect transfer reporting under Form 163 requires timely electronic disclosure of share transfers affecting Indian assets and control rights.
Form 163 is the reporting statement for indirect transfers of assets located in India under section 506 of the Income-tax Act, 2025 and Rule 235 of the Income-tax Rules, 2026. It is to be furnished by an Indian concern, or its representative, where a non-resident transfers shares or interests in a foreign company or entity in a manner affecting assets, rights, management or control in relation to the Indian concern. The form is filed electronically within the prescribed timelines and supports computation of income reported in Form 4.
April 3, 2026
Forex reserves drop by USD 10.29 billion to USD 688.06 billion
Show AI Summary
Foreign exchange reserves decline as rupee pressure, RBI dollar sales, and lower gold and currency assets shape weekly movement.
India's foreign exchange reserves declined to USD 688.058 billion for the week ended March 27, driven by lower foreign currency assets and gold reserves. The Reserve Bank of India continued to intervene in the foreign exchange market through dollar sales and related policy measures as the rupee remained under pressure, while Special Drawing Rights rose slightly and the IMF reserve position edged down.
April 3, 2026
Form No. 163 – Frequently Asked Questions
Show AI Summary
Indirect transfer reporting in Form No. 163 requires timely electronic filing, supporting documents, and a valid PAN.
Reporting of indirect transfers of assets located in India requires an Indian concern, or its representative, to furnish information in Form No. 163 under section 506 of the Income Tax Act, 2025. The form is mandatory and applies where a non-resident transfers shares of, or interest in, an offshore company or entity resulting in an indirect transfer of assets in India. It must be furnished within ninety days from the end of the financial year, or within ninety days of the transaction where management or control rights in relation to the Indian concern are transferred.
April 3, 2026
Guidance Note – Form 162
Show AI Summary
Annual statement filing for liaison offices in India requires RBI-linked disclosure, electronic submission, and timely compliance.
Form 162 is an annual statement required under section 505 of the Income Tax Act, 2025, for non-resident entities maintaining a liaison office in India. It must be filed once in each tax year within eight months from the end of the tax year, electronically through the income-tax e-filing portal and digitally signed by the authorised signatory. The form captures head office, liaison office, RBI approval, Annual Activity Certificate, financial, employee, and counterparty details, and may be used for verification, international taxation, and transfer pricing cross-checks.
April 3, 2026
Form 162 – Frequently Asked Questions
Show AI Summary
Annual statement compliance for liaison offices requires electronic filing, certified activity records, valid PAN, and timely submission.
Form 162 is the annual statement required for non-resident entities maintaining a liaison office in India under the Income-tax Act, 2025, to be filed electronically once in each tax year within eight months from the end of the tax year. The filing requires particulars relating to the office's activities, approval details, employees, Indian counterparties, and audited financial information, along with a certified Annual Activity Certificate and valid PAN. The form cannot be submitted offline or edited after acknowledgment, and non-filing or delay may attract penalty, revocation of liaison office permission, and other assessment-related action.
April 3, 2026
Guidance Note – Form 161
Show AI Summary
Immunity from penalty and prosecution through Form 161 depends on full payment, no appeal, and timely electronic filing.
Form 161 is the prescribed application under the Income-tax Act, 2025 for immunity from penalty and prosecution where an assessee accepts an assessment or reassessment order, pays the full tax and interest demand within the prescribed time, and does not file an appeal. The application is event-based and must be filed within one month from the end of the month in which the order is received. It requires structured taxpayer identity details, order and payment particulars, and a statutory verification, and is filed electronically with supporting assessment, demand, payment, and PAN documents.
April 3, 2026
Form 161 – Frequently Asked Questions
Show AI Summary
Immunity from penalty and prosecution through Form 161 requires full payment, no appeal, and online filing.
Form 161 is the prescribed application under section 440(2) of the Income-tax Act, 2025 for seeking immunity from penalty and prosecution after an assessment or reassessment order. It is optional and event-based, must be filed within one month from the end of the month of receipt of the order, and is available only where the taxpayer has paid the full tax and interest demand and has not filed any appeal. The form requires order details, demand details, proof of payment, and PAN, and can be submitted only online through the e-Filing portal.
April 3, 2026
Guidance Note – Form 160
Show AI Summary
Refund of wrongly deducted tax through Form 160 requires full transaction details, supporting documents, and timely filing.
Refund of tax deducted at source and deposited to the Central Government is available through Form 160 where tax was not required to be deducted on the relevant income or transaction. The form is filed by the deductor before the Assessing Officer having jurisdiction, within thirty days from payment of tax, and must contain transaction details, deductee details, agreement particulars, and proof of the tax deducted and deposited. Supporting documents and verification enable examination of whether the refund claim is admissible.
April 3, 2026
Form 160 – Frequently Asked Questions
Show AI Summary
Refund of wrongly deducted tax through Form 160 requires proof that no tax was deductible and full TDS disclosure.
Refund of tax deducted at source and paid to the Central Government may be sought through Form 160 where the deductor contends that no tax was deductible on the relevant income or transaction. The form is the prescribed application under the Income-tax law and is to be used only in cases where tax was actually deducted and deposited, but the applicant later claims that the deduction was not required under the Act. It is filed before the TDS Assessing Officer having jurisdiction over the applicant, and the application is supported by the statutory particulars needed to test the claim of non-deductibility.
April 3, 2026
Guidance Note – Form 159
Show AI Summary
Tax Clearance Certificate Form 159 governs clearance for persons leaving India and requires Assessing Officer issuance on Form 158.
Tax Clearance Certificate in Form 159 is issued by the Assessing Officer in response to Form 158 and is prescribed under section 420(5) of the Income-tax Act, 2025 read with Rule 228 of the Income-tax Rules, 2026. The form records the departing person's identity details and travel-linked validity, is issued through ITBA functionality, and has no statutory timeline for issue. Form 158 is the supporting application, and the note states that the taxpayer cannot leave India without the requisite clearance certificate.
April 3, 2026
Form 159 – Frequently Asked Questions
Show AI Summary
Tax Clearance Certificate governs departure-related compliance and is issued by the Assessing Officer on a Form 158 application.
Form 159 is the Tax Clearance Certificate issued by the Assessing Officer in response to Form 158. It is not filed by the taxpayer, but is issued to the specified taxpayer through the ITBA functionality, subject to the requirements of the Income-tax Act, 2025. No statutory time limit is prescribed for issuance, and the certificate is event-based, depending on the travel requirements of the person leaving India.
April 3, 2026
Guidance Note – Form 158
Show AI Summary
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.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Home › news › News and Press Release › 2026 › April, 2026 › This
Back

All News

Showing Results for : Reset Filters
News and Press Release

Flash Report on Central Sector Infrastructure Projects worth ₹150 crore and above

April 25, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Print Options

PAIMANA Portal Tracks 1,941 Infrastructure Projects worth ₹41.50 lakh crore as of March 2026

The Ministry of Statistics and Programme Implementation (MoSPI) continues to strengthen monitoring of Central Sector infrastructure projects through its PAIMANA platform, enabling improved tracking, timely reviews, and data-driven decision-making across Ministries. The portal tracks 1,941 Infrastructure Projects worth of ₹41.50 lakh crore as of March 2026.

Key Highlights

  • As of March 2026, 1,941 ongoing infrastructure projects, with a total revised cost of ₹41.50 lakh crore, are being monitored across 17 Central Ministries/Departments. The cumulative expenditure incurred on these projects stands at ₹19.93 lakh crore, accounting for approximately 48.02 per cent of the revised project cost, indicating steady progress in project implementation.
  • A significant proportion of projects are at advanced stages, with 777 projects (~40%) achieving over 80% physical progress, while 261 (~13%) have crossed 80% financial completion. The data also reflects a balanced pipeline, with projects distributed across early and advanced stages of implementation.
  • The Transport & Logistics sector (as per the DEA’s Harmonized Master List) accounts for the highest number of ongoing projects (1428 projects), with revised estimates of ₹22.66 lakh crore underscoring priority to connectivity-driven infrastructure growth.
  • 1,941 ongoing infrastructure projects include 786 Mega projects (project cost of ₹1,000 crore & above) with an original cost of ₹30.48 lakh crore, and 1,155 Major projects (project cost below ₹1,000 crore and up to ₹150 crore) amounting to ₹5.41 lakh crore.
  • Physical and financial progress broadly move in tandem, with a large number of projects clustered at the initial (0–20%) and advanced (81–100%) stages, indicating a pipeline of newly-started projects alongside many nearing completions. While physical progress exceeds financial progress in the 81–100% range, financial progress is relatively higher in the early stages, reflecting upfront expenditure patterns in project implementation.

2.   Ministry/ Departments-wise progress of Infrastructure Projects

  • Ministry of Road Transport & Highways accounts for the highest number of projects, with 1120 projects (58%), and a share of total revised project cost of ₹10.61 lakh crore (26%), highlighting its central role in national infrastructure development.
  • Ministry of Railways is implementing 244 projects (13%), and also commands the largest share of total revised project cost at ₹8.37 lakh crore (20%).
  • Ministry of Coal accounts for implementing 127 projects (6%), with a total revised project cost of ₹2.46 lakh crore (6%).
  • The Ministry of Petroleum & Natural Gas, Ministry of Power, Ministry of Housing & Urban Affairs, and the Department of Water Resources, River Development & GR are implementing 108, 98, 53, and 49 projects, with associated revised costs of ₹5.11 lakh crore, ₹5.14 lakh crore, ₹3.6 lakh crore, and ₹2.26 lakh crore, respectively.
  • The remaining 142 projects (7%), with a total revised cost of ₹3.96 lakh crore (10%), are distributed across various Ministries/Departments including Higher Education, Civil Aviation, Steel, Telecommunications, Labour & Employment, Ports, Shipping & Waterways, Health & Family Welfare, Mines, DPIIT, and Sports. (Refer Annexure I)

3.   Sector-wise (as per DEA’s Harmonized Master List of Infrastructure) Progress of Infrastructure Projects

  • Transport & Logistics remains the dominant sector, accounting for 55% of total revised cost (₹22.66 lakh crore) across 1,428 projects (73 % of the total Projects), underscoring the central role of Roads & Highways, Railways, Aviation, Urban Public Transport, Shipping, and Inland Waterways in economic integration and logistics efficiency.
  • The Energy sector follows with 26% of aggregated revised cost (₹10.79 lakh crore) across 212 projects, reflecting sustained emphasis on Oil & Gas infrastructure, electricity generation, transmission and distribution networks, and energy storage systems.
  • Communication infrastructure, with a revised cost of ₹2.73 lakh crore (7%) across 12 projects, represents targeted interventions aimed at strengthening digital connectivity.
  • Water & Sanitation projects account for ₹2.31 lakh crore (5%) across 71 projects, highlighting continued focus on essential urban services.
  • Social & Commercial infrastructure, comprising 73 projects with a revised cost of ₹0.79 lakh crore (2%), reflects selective investments in education, healthcare, real estate, and tourism, hospitality and wellness.
  • Projects classified under ‘Others’, amounting to ₹2.20 lakh crore (5%) across 145 projects, indicate diversification across sectors such as coal, steel, metals, and mining.

(Refer Annexure II)

4.   Completed Projects and New Additions

  • During March 2026, 25 projects were commissioned, including major assets in Road Transport & Highways, Petroleum & Natural Gas, Housing & Urban Affairs, Railways, Power, Ports, Shipping and Waterways, Telecommunications, Steel and Labour and Employment. Notable commissioned projects include the “Delhi-Ghaziabad-Meerut Regional Rapid Transit System [RRTS] corridor” (₹ 30,274 crore) from Ministry of Housing & Urban Affairs, and the “Tehri Pumped Storage Plant Project [4x250 MW] (₹ 8,339 crore) from Ministry of Power.
  • During March 2026, 12 additional projects from MoRTH were brought under the monitoring of PAIMANA.

5.    Next date of Press Release: Flash Report for the month of April 2026 would be released on 25th May 2026.

Note

  1. The press release summarizes highlights from the MoSPI’s Flash Report (March 2026) on Central Sector Infrastructure Projects (₹150 crore and above), available at https://www.ipm.mospi.gov.in/ or via the QR code.

 

  1. PAIMANA is a centralized web-based portal for monitoring of Central Sector Infrastructure Projects worth ₹150 crore and above. Operating on the "one data, one entry" principle, it integrates with DPIIT’s IPMP portal via APIs to automatically update more than 70% of project data from various Ministries/Departments. PAIMANA also serves as a national repository designed to standardize infrastructure monitoring and support informed decision-making for nation-building.

Annexure I

Ministry/ Departments-wise progress of Central Sector Infrastructure Projects

S. No

Ministry/ Department

Project Count

Revised Cost

(₹ Lakh cr.)

Cumulative Expenditure           (₹ Lakh cr.)

1

Ministry of Road Transport & Highways

1120

10.61

3.52

2

Ministry of Railways

244

8.37

5.69

3

Ministry of Coal

127

2.46

0.80

4

Ministry of Petroleum & Natural Gas

108

5.11

2.99

5

Ministry of Power

98

5.14

1.94

6

Ministry of Housing & Urban Affairs

53

3.60

1.98

7

Department of Water Resources, River Development & GR

49

2.26

1.61

8

Department of Higher Education

29

0.14

0.08

9

Ministry of Civil Aviation

26

0.23

0.11

10

Ministry of Health & Family Welfare

23

0.21

0.08

11

Ministry of Steel

19

0.23

0.10

12

Ministry of Labour and Employment

12

0.03

0.02

13

Department of Telecommunications

12

2.73

0.77

14

Ministry of Ports, Shipping and Waterways

11

0.22

0.15

15

Ministry of Mines

6

0.10

0.07

16

Department for Promotion of Industry & Internal Trade

3

0.05

0.01

17

Department of Sports

1

0.01

0.01
 

Total

1941

41.50

19.93

 

Annexure II

Sector-wise (as per DEA’s Harmonized Master List of Infrastructure) progress of Central Sector Infrastructure Projects

S. No

HML Category

Project Count

Revised Cost      (₹ Lakh cr.)

Cumulative Expenditure      (₹ Lakh cr.)

1

Transport & Logistics

1428

22.66

11.28

2

Energy

212

10.79

5.21

3

Water & Sanitation

71

2.31

1.65

4

Communication

12

2.73

0.77

5

Social & Commercial

73

0.79

0.34

6

Others

145

2.21

0.67
 

Total

1941

41.50

19.93

 

Topics

Acts Income Tax
Next ➔