Hospitals, diagnostic centres and healthcare trusts operate across a mix of private commercial and public-trust accounting requirements.
Statutory and tax audit engagements for hospitals, diagnostic centres and healthcare trusts across both private and public sectors.
The new Act replaces the six-decade-old Income-tax Act, 1961 and applies from tax year 2026-27 onwards, introducing a single "Tax Year" in place of the previous-year/assessment-year system. The Income-tax Rules, 2026 were notified on 20 March 2026.
From FY 2026-27, Minimum Alternate Tax is proposed to be made a final tax, with the rate reduced to 14% from 15%. MAT credit accumulated up to 31 March 2026 continues to be available for set-off.
Amounts received on buy-back of shares are now taxed as capital gains in the shareholder's hands. Securities Transaction Tax rates have also been increased for F&O, raising transaction costs for derivatives traders.
