In the era of the digital economy, a large segment of India’s workforce has transitioned into freelancing across domains such as IT services, content creation, consultancy, digital marketing, and online tutoring. However, many freelancers are unaware of their statutory responsibilities under Indian tax laws, particularly the Goods and Services Tax (GST) regime.
Learn about India’s new CCI Leniency Plus Regulations, designed to uncover cartels. Explore incentives, potential confidentiality concerns, and application process challenges.
MCA relaxes additional fees for 13 e-forms due to MCA21 V3 migration. Forms due till July 31 can be filed by August 15, 2025, without extra charges.
ITC Denied on Pre-Engineering Building and Embedded Crane Support Systems, Based on Structural Fixation, Capitalisation, and Civil Nature: AAR Gujarat. Introduction In a significant ruling, the Gujarat Authority for Advance Rulings (AAR) in the case of M/s. HMSU Rollers (India) Pvt. Ltd. has held that Input Tax Credit (ITC) is not admissible on a Pre-Engineered […]
UN declares 2025 as International Year of Cooperatives, focusing on their role in sustainable development and achieving Viksit Bharat 2047 goals like poverty reduction, farmer welfare, and affordable healthcare through collaborative efforts.
Strengthen your Non-Disclosure Agreements with these 8 crucial clauses covering confidential information, intellectual property, data compliance, and robust enforcement mechanisms.
Gujarat High Court recently clarified that the omission of Rule 96(10) of the CGST Rules, effective October 8, 2024, applies to all pending IGST refund cases for exporters. This ruling addresses difficulties faced by exporters claiming refunds on IGST paid on exported goods.
Understand how Section 50AA impacts capital gains on debentures. Explore judicial rulings and the new Income Tax Bill 2025’s potential effect on long-term capital asset exemptions.
ITAT Chennai rules Section 6 of the Income Tax Act prevails over a Tax Residency Certificate (TRC) for determining Indian residency. Global income taxable if an individual meets the specified days in India, irrespective of TRC.
Understanding nuances of ITR-1 to ITR-6 is crucial for accurate tax filing. This guide provides a concise overview of which form to choose based on income sources and financial structures.
