The Income Tax Act, 2025 introduces Section 58, consolidating earlier presumptive taxation schemes into one unified framework. It simplifies compliance for small businesses and professionals while imposing structured eligibility and lock-in conditions.
The government has replaced Form 26QB with Form 141, introducing a detailed and structured TDS reporting system for property transactions. The change is not just procedural but requires deeper disclosures and computation.
The new tax regime introduces a dual-track system from April 2026. Taxpayers must manage compliance under both old and new laws simultaneously.
The compliance calendar for private limited companies under the Companies Act, 2013 provides a structured overview of mandatory quarterly and event-based compliances. Key annual filings include DPT-3, DIR-3 KYC, AOC-4, and MGT-7/MGT-7A, along with mandatory disclosures like MBP-1 and DIR-8 at the start of the financial year. Companies must hold a minimum of four board […]
A comprehensive compliance calendar covering all quarterly and event-based filings. Helps unlisted public companies stay compliant with the Companies Act, 2013.
A detailed compliance calendar covering all quarterly and annual filings for listed companies. Helps ensure timely adherence to Companies Act and SEBI rules.
The new tax regime introduces a uniform 12.5% long-term capital gains rate. The guide explains updated rules, exemptions, and planning strategies.
ESOPs are transforming careers by linking income to company growth. The key takeaway is that equity can create significant wealth but requires informed decisions.
Learn why GST law restricts transfer of cash balances involving SGST and Cess under PMT-09. Understand permitted routes and how to stay compliant while optimizing cash flow.
Late fees for GSTR-9 cannot be recovered without prior determination. The article clarifies why direct recovery actions violate statutory provisions and natural justice.