Explore how Section 206AA and Section 206AB impact TDS rates. Learn when higher rates apply, exemptions for non-residents, and get answers to key questions.
Learn how to access Taxpayer Information Summary (TIS) online, verify annual financial data, and ensure accurate tax filings with step-by-step guidance.
The Insurance Regulatory and Development Authority of India (IRDAI) amends arbitration clauses in general insurance policies for better grievance resolution
Explore the faceless scheme in Indian income tax, including assessments, appeals, penalties, and rectifications. Discover how it enhances efficiency and transparency.
Double taxation can be a concern when a person residing in India earns income that is also taxable in a foreign country. To address this issue, individuals can claim credit for taxes paid outside India as Foreign Tax Credit (FTC)
Introduction: In a significant development for exporters, the Government of India, through the Ministry of Finance’s Department of Revenue, has released a Public Notice regarding the revision of All Industry Rates (AIRs) of Duty Drawback. This update, dated October 27, 2023, outlines essential changes and clarifications concerning Duty Drawback rates and their implications for the […]
Get the latest update on the Dearness Relief for Central Government pensioners and family pensioners. Learn about the revised rates effective from 01.07.2023
Learn about the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023. Explore changes, impacts, and compliance for private and public companies.
Explore capital gains tax exemptions under Income-tax Act sections 54, 54B, 54D, 54EC, 54EE, 54F, 54G, 54GA, and 54GB. Learn rules, eligibility, and conditions.
This article clarifies the taxability of personal and corporate guarantees in GST as per Circular 204/16/2023 issued by the Central Board of Indirect Taxes and Customs
