Major changes in the Income-tax Bill 2025 vs Income-tax Act 1961
The Finance Minister, Smt. Nirmala Sitharaman tabled the Income-tax Bill in the parliament on 13th February 2025. The…
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Highlights of Union Budget 2025-26
Top Highlights of Budget 2025-26: • No Income Tax Payable Up to ₹12 Lakh – Under the new…
Read ArticleGST on Commercial Rental Income – New provision
Lay man Term : The provision shifts the responsibility of paying GST (18%) from the unregistered landlord to…
Read ArticleTax Audit Due Date Extended to 07-October-2024
Tax Audit Due Date Extended to 07-October-2024 https://incometaxindia.gov.in/news/circular-10-2024.pdf Read the official circular above. Let us know if you…
Read ArticleApplicability of Accounting Standards to Non-Company Entities
The scheme for applicability of Accounting Standards issued by the Institute of Chartered Accountants of India (ICAI) to…
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Summary of the Major Decisions from the 54th GST Council Meeting
Summary of Major Decisions at 54th GST Council Meeting: Goods: – Namkeens and Savoury Products: GST on…
Read ArticleCHANGES FROM 1ST SEPTEMBER 2024
DIRECT AND INDIRECT TAXES CHANGES: CHANGES FROM 1ST SEPTEMBER 2024 Let us know if you have any additional…
Read ArticleHow can NRIs e-Verify IT Return from Abroad? Step-wise procedure
How can NRIs e-Verify IT Return from Abroad? Step-wise procedure Given below are the steps for NRIs to…
Read ArticleHighlights of Union Budget 2024-25
Top Highlights of Budget 2024-25: Capital Gains Taxes: – Short-term gains: 20% on all financial assets.…
Read ArticleHow to file F&O Income in ITR
F&O Income: Non-Speculative Business Income F&O income is classified as non-speculative business income, i.e., normal business income. Declare…
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