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Archive: February, 2025

Posts in February, 2025

Income Tax Rates for FY 2025-26 & No Tax on Income up to Rs. 12 Lakh: FAQs

February 2, 2025 9255 Views 2 comments Print

Budget 2025 brings new income tax slabs with benefits for the middle class, including higher exemptions, marginal relief, and a standard deduction for salaried individuals.

Misguided Practices in Microfinance and Finance Business

February 2, 2025 420 Views 0 comment Print

Concerns rise over improper practices in microfinance involving misuse of Rule 12 Declarations and MGT-14 forms by private and Section 8 companies.

New Income Tax Slabs for 2025: Old vs New Regime – Key Questions Answered

February 2, 2025 12630 Views 0 comment Print

Explore updated income tax slabs for 2025, compare the old and new regimes, and understand their impact on middle-class taxpayers. Find key FAQs and examples.

Private Entities Performing Public Functions falls Under Writ Jurisdiction: SC

February 2, 2025 411 Views 0 comment Print

SC ruled private entities performing public functions fall under High Court and SC writ jurisdiction, but private banks like Muthoot Finance aren’t public duty entities.

Union Budget 2025 Direct Tax Highlights: Key Proposals

February 2, 2025 1959 Views 0 comment Print

Discover key direct tax changes in Union Budget 2025, including new income tax slabs, rebates, TDS limits, and other important proposals.

Reverse Charge Mechanism under GST: Applicable Services & Conditions

February 2, 2025 3870 Views 0 comment Print

Learn about Reverse Charge Mechanism (RCM) under GST, including applicable services and conditions for recipients to pay tax.

Budget 2025 – Summary of Important Income Tax Proposals

February 2, 2025 8193 Views 0 comment Print

Budget 2025 highlights direct tax changes, including new income tax slabs, TDS rationalization, and other important updates for taxpayers.

Union Budget 2025-26: Key Highlights Simplified – Glimpses

February 2, 2025 1296 Views 0 comment Print

Explore the simplified breakdown of Union Budget 2025-26: tax updates, MSME support, healthcare enhancements, infrastructure plans, and more.

Checklist of Documents Required for Incorporation of Company in India

February 2, 2025 1023 Views 1 comment Print

A checklist of documents needed for company incorporation in India, including DSC, incorporation papers, and post-incorporation requirements.

Finance Bill 2025: Amendment related to Transfer Pricing

February 1, 2025 1110 Views 0 comment Print

The Finance Bill 2025 proposes multi-year ALP determination to reduce compliance burdens in transfer pricing. Learn about its framework and proposed changes.

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