Nandhakumar & Sundaran

Blog by Nandhakumar & Sundaran

The Income-tax e-filing portal prescribes Nature of Payment (NOP) codes ranging from 1001 to 1095 for TDS payments under Challan 281.

 

These codes are system-driven classifications available on the income-tax portal and are not explicitly prescribed under the Act or Rules. Therefore, the porta...

07.05.2026 04:19:23 PM - Comment(s)
Income Tax Act 2025 - Tax Year 2026-27 onwards
02.04.2026 03:21:16 PM - Comment(s)
MCA Raises Small Company Thresholds: Amendment to Definition Under Companies Act, 2013
03.12.2025 04:09:57 PM - Comment(s)
RBI Extends Pre and Post-Shipment Export Credit Period to 450 Days


Ref.: Circular no. RBI/2025-26/96 DOR.STR.REC.60/21.04.048/2025-26; Dated: 14.11.2025

Background
The Reserve Bank of India (RBI) has issued the Trade Relief Measures Directions, 2025, introducing a set of regulatory relaxations to suppo...


19.11.2025 03:32:44 PM - Comment(s)
RBI Extends the Time Period for Realisation of Full Export from 9 to 15 Months
19.11.2025 03:27:11 PM - Comment(s)