The removal of indexation for LTCG under the Finance Bill 2024 introduces complexities. Taxpayers can choose between 12.5% without indexation or 20% with it.
Bombay High Court sets aside Form 3, directs verification of payments for Evershine Resource Management Pvt. Ltd. under SVLDRS scheme. Read the full judgment summary.
Learn how to respond to a defective return notice under Section 139(9) of the Income Tax Act. Steps for correction and consequences of non-response.
Explore the Finance Bill 2024, detailing income tax rates, surcharges, and provisions for various taxpayers, including individuals, companies, and co-operatives.
The Railways (Amendment) Bill 2024 updates the Railways Act, 1989 by incorporating provisions of the Indian Railway Board Act, 1905, enhancing Railway Board functions.
SEBI seeks public feedback on easing regulatory requirements for Investment Advisers and Research Analysts, aiming to simplify compliance and registration.
SEBI seeks public comments on regulating foreign investments through ODIs and segregated portfolios to ensure transparency and compliance with FPI Regulations.
Learn about e-Form PAS-6 for private companies, its filing requirements, deadlines, and penalties. Essential for compliance with share capital reconciliation.
Explore Section 74A of the GST Act, 2024, which unifies tax and penalty provisions. Learn about changes from Sections 73 and 74 and their impact on taxpayers.
Explore the going concern principle, its indicators, and the roles of management and auditors in assessing a business’s future viability.
