Discover the latest updates on GST law changes, personal income tax rates, and tax reliefs for small businesses as discussed in Rajya Sabha on 30/07/2024.
The provisions for tax and penalty determination under the currently applicable Section 73 (Nonfraud cases) and Section 74 (Fraud cases) are proposed to be replaced by a new Section 74A for the financial year 2024-25. Sections 73 and 74 will now only apply to matters related to the financial year 2023-2024. For cases from the […]
Explore the enhanced benefits of Tax Regime 3.0 introduced in Budget 2024. Learn about simplified rates, increased deductions, and how it impacts your tax efficiency.
Taxpayers have been facing parallel and/ or multiple proceedings in case of scrutiny, audit, investigation and other proceedings. The article tries to bring out the legal position as per relevant GST Act and judicial pronouncements.
Beta is a measure of an asset’s volatility in relation to the overall market. It is a numerical value that indicates how much an asset’s price is expected to move relative to market movements.