The article argues that investors increasingly favour countries leading in AI, semiconductors, and innovation rather than relying solely on economic growth. The key takeaway is that technological ownership is becoming a major driver of global capital allocation.
The article explains that tax responsibilities do not end with a taxpayer’s death. Legal representatives must file pending returns, address assessments, and pay dues from the deceased’s estate.
The DPDP Act requires CA firms to go beyond cybersecurity and ensure lawful collection, use, and processing of client data. The key takeaway is that privacy compliance now demands accountability, consent management, and documented data-handling practices.
The guide explains the FY 2025-26 tax slabs, enhanced rebate benefits, and key filing requirements under the default new tax regime. The takeaway is that accurate reporting and document verification are essential to avoid notices and errors.
The article explains how exposure to different industries helps finance professionals develop deeper business insight beyond technical accounting skills. The key takeaway is that understanding operational realities makes finance a strategic business function.
The GSTAT workshop clarified that appeals can be filed electronically without submitting physical records or paper books. The key takeaway is a significant reduction in procedural burden and greater ease of compliance for taxpayers.
This article explains depreciation provisions under the Income-tax Act and Companies Act, including WDV, SLM, additional depreciation, and unabsorbed depreciation. The key takeaway is that correct asset classification and applicable rates are crucial for accurate tax computation and compliance.
The provisions detail deductions for investments, insurance, pension contributions, home loans, medical expenses, charitable donations, and business expenditures. The key takeaway is that proper tax planning and compliance can significantly enhance available tax benefits.
The Kerala High Court held that the authority rejected a condonation request solely on the basis of CBDT Circular No. 11/2024 without examining the taxpayer’s claim under Circular No. 9/2015. The matter was remanded for fresh consideration.
CESTAT Chennai held that a subcontractor arranging transportation on behalf of a principal contractor was not the person liable to pay freight under GTA provisions. The demand was set aside as the principal contractor had already discharged service tax, making the levy unsustainable.
