Small transport operators owning up to 10 goods vehicles can avail presumptive taxation, TDS exemption, and reduced compliance requirements under the Income Tax Act.
This article explains the tax exemption framework for charitable and religious trusts under the Income Tax Act, 2025. It covers registration requirements, exemption conditions, corpus donations, accumulation rules, and GST implications.
Social media creators earning from YouTube, Instagram, sponsorships, and affiliate marketing must report income as professional business income under Code 16021. The guide explains GST, TDS, presumptive taxation, and compliance rules for creators.
Explore the changes proposed by the Finance Bill 2025 on Input Service Distributor (ISD), Blocked Credit, and Credit Note under the GST Act.
Explore the timeline, objectives, and major changes in the Direct Tax Code 2025 compared to the Income Tax Act 1961.
Understand the process of applying for an LUT (Letter of Undertaking) for GST exports with Form RFD-11. Learn eligibility criteria, documentation, and step-by-step procedure.
Explore scope, rates, and compliance of Equalisation Levy introduced by Finance Act, its extension to e-commerce, and key conditions and due dates for levy deposition.
IND AS is a set of accounting principles to regulate financial statements and improve global comparability. Know meaning and applicability of IND AS to various entities.
Explore the GST implications on Media and Entertainment activities, including film distribution, exhibition of movies, services by artists and technicians, advertisement, and amusement parks. Understand the rates, place of supply, and impact on various components of the industry. Stay informed about GST on Online Information Database Access and Retrieval services (OIDAR) and the growth prospects of India’s media and entertainment industry.
An informative guide detailing the procedures, requirements, and implications of filing Income Tax Returns (ITRs) in India, catering to a wide range of entities such as individuals, companies, trusts, and more.