Explore Indias ONDC platform, revolutionizing e-commerce and digital payments. Learn about its mission, features, challenges, and impact on small businesses. Unleash the potential of unified transactions with ONDC.
Discover the ins and outs of India’s National Pension System (NPS) – eligibility, contributions, investments, tax benefits, and legal insights. Plan your retirement wisely.
Welcome to our guide on income tax allowances and deductions in India. As taxpayers, it is essential to understand the various allowances and deductions available to us, as they can significantly reduce our tax liability. In this article, we will cover all the necessary details about income tax allowances and deductions, so you can make informed decisions while filing your tax returns.
RBIs Monetary Policy Committee (MPC) keeps key interest rates steady at 6.50%, citing a resilient global economy and strong domestic growth. Explore the factors influencing the decision, including India’s growth rate, inflation concerns, and global economic activity. Understand the significance of maintaining the policy repo rate, standing deposit facility rate, and marginal standing facility rate in supporting growth while controlling inflation. Stay informed about the evolving macroeconomic situation and the MPC’s focus on achieving the medium-term target for CPI inflation
Discover insights into Section 148A of the Income Tax Act, 1961, addressing notices for non-furnishing of income tax return, report, or statement. Stay informed about the legal implications, penalties, and important case laws. Source: Finance Act 2021, Legal Analysis.
Explore key exemptions and deductions from salary under the Income Tax Act, 1961. Understand benefits like standard deduction, HRA, LTA, and more. Expert insights for tax planning. Source: Indian Income Tax Rules, Tax Exemptions, Financial Year 2023-24.
According to the Income Tax Act, 1961, donations made to political parties are eligible for tax deductions. Section 80GGC of the Income Tax Act provides tax deductions for contributions made to political parties.
Get the latest clarifications from the Ministry of Information and Broadcasting on FDI policy for OTT platforms, guidelines for satellite TV channels, and net worth requirements. Stay informed on uplinking, downlinking, and provisional applications, ensuring compliance in the broadcasting industry.
(TRAI) has recently announced a deadline extension for public comments and counter-comments related to proposed rules concerning digital connectivity infrastructure and quality of service in the telecommunications industry
Explore the recent rules and regulations introduced by the Indian government for the online gaming industry. Learn how these measures aim to promote fair play, player safety, and protect minors. Understand the potential impact on both small and established gaming platforms, fostering responsible gaming practices.