Compare the New and Old Tax Regimes for FY 2025-26. Learn about tax rates, exemptions, deductions, and which regime suits your income and financial goals.
Appeal against penalty under Section 271(1)(b) citing ill health, lack of awareness of Faceless Scheme, and procedural lapses. Request for deletion based on valid grounds.
Fraud in India’s power & infrastructure sector remains rampant. Learn how Kautilya’s principles expose embezzlement tactics & how forensic audits can help.
Avoid common LLP registration mistakes like invalid names, documentation errors, and compliance issues for a smooth registration process. Learn key tips here.
Learn simple yet effective strategies to build wealth—invest consistently, diversify wisely, reinvest dividends, and stay invested for the long term.
The Input Service Distributor (ISD) mechanism under GST enables businesses with multiple branches to centrally receive and allocate input tax credit (ITC) related to common input services. As per Section 2(61) of the CGST Act, 2017, an ISD is a registered entity that distributes ITC to its units based on usage.
Key tax and regulatory updates for the week ending 23rd Feb 2025, including income tax extensions, GST authentication, customs reforms, RBI regulations, and court rulings.
SEBI seeks feedback on shifting open interest (OI) in equity derivatives to a Delta-based approach and revising position limits for better risk monitoring.
The Supreme Court issues notice on a plea challenging GST notifications extending limitation for adjudication under Section 73 of the CGST Act.
IFSCA requires regulated entities to register on FIU-IND FINGate 2.0 for AML, CFT, and KYC compliance. Non-compliance may lead to licensing breaches.