ITAT rulings clarify that deduction of tax under Section 194J does not automatically classify income as professional income under Section 44ADA.
Explains how companies can go public in India, the available IPO routes, regulatory steps, and common challenges to expect. Highlights what SEBI requires and how to prepare effectively.
Four Labour Codes Herald Transformational Change: Better Wages, Safety, Social Security & Enhanced Welfare for India’s Workforce Codes lay the foundation for a protected, future-ready workforce and resilient industries, boosting employment and driving labour reforms for Aatmanirbhar Bharat Code aligns India’s labour ecosystem with global standards, ensuring social justice for all workers In a historic […]
Covers how 29 old laws were merged into four Codes to simplify wage rules, enhance safety, and expand social protection. Key takeaway: reforms modernize labour regulation for workers and businesses.
Explore the aftermath of GST implementation in India, focusing on the Entertainment and Real Estate sectors. From tax rates to industry growth, understand the impact on businesses and consumers.
Explore the comprehensive breakdown of Union Budget 2024-25 as presented by Finance Minister Nirmala Sitharaman. Dive into key changes, policies, and impactful initiatives shaping India’s economic landscape
Newly section insert by finance Act 2023, 1) Insertion of new section 50AA: Special provision for computation of capital gains in case of Market Linked Debenture., 2) Insertion of new section 194BA: TDS on Winnings from online games , 3) Insertion of new section 80CCH: Deduction in respect of contribution to Agnipath Scheme As per […]
The Budget Session of Parliament began at 11 am on 31 January, 2023. President of India Draupadi Murmu addressed both houses in a joint session. The Economic Survey was tabled with projections for economic growth for fiscal 2023-24. FM Nirmala Sitharaman tabled the Economic Survey in Parliament.
An advance ruling helps the applicant in planning his activities which are liable for payment of GST, well in advance. It also brings certainty in determining the tax liability, as the ruling given by the Authority for Advance Ruling is binding on the applicant as well as concerned Government authorities.
Learn how the Updated Return under Income Tax Act, 1961 Section 139(8A) is helping taxpayers promote voluntary tax compliance and reduce litigation.
