"I am Munivel T, a tax professional with over 3 years of experience in GST, income tax compliance, and business registrations.I specialize in helping businesses and freelancers navigate complex tax regulations with accuracy and efficiency. My expertise covers GST registration and filing, company incorporation, statutory compliance, and tax advisory services. Skilled in Zoho Books and modern accounting tools, I combine technology with deep knowledge of Indian tax laws to deliver timely, compliant, and growth-focused solutions. I am committed to making tax compliance simple, transparent, and stress-free for my clients."
The article explains when businesses must file a GST Nil Return despite having no sales, purchases, or tax liability. It highlights the importance of maintaining GST compliance to avoid penalties and future filing issues.
Summary of Section 40(b) rules for partner remuneration and interest deductibility. Details caps, partnership deed requirements, and limits on tax-saving deductions.
GST 2.0 introduces simplified 5%, 18%, and 40% tax slabs, offering consumer relief on essentials and easing compliance for businesses through pre-filled returns and e-invoicing.
A summary of the new Section 194T TDS rule, effective April 1, 2025, for partnership firms and LLPs on payments to partners.
A simple guide to understanding Profits and Gains of Business or Profession (PGBP) under Indian tax law. Learn who is covered and which expenses are deductible.
A guide to understanding “clubbing of income” in Indian tax law. Learn how and why income from family members is added to a taxpayer’s income for tax purposes.
Understand what “Income from Other Sources” is and how it’s taxed. Learn about common income types, deductions, and why reporting is essential for tax compliance.
Understand capital gains tax on assets like property and stocks. Learn the difference between short-term and long-term gains, how to calculate them, and available tax exemptions.
What is PGBP? Learn how “Profits and Gains from Business or Profession” is taxed in India, including key sections, eligible deductions, and presumptive tax schemes.
Understand the difference between a profession and a business for income tax purposes. Learn about special tax provisions for professionals like Section 44ADA.
