Explore implications of Section 43B(h) in Income Tax Act after Finance Minister Nirmala Sitharaman’s Budget 2023-24. Learn about benefits and challenges of timely payments to MSMEs.
GIFT TAX: The tax levied on the gifts that you have received in money or its worth and which is over and above a certain set limit by the Indian law is known as gift tax. Income tax on gifts helps regulate the gives which is given to you by a person who is not a close relative as per the definition of Income Tax Law of India.
Article Covers the following topics 1. What is an e-Way Bill? 2. When Should e-Way Bill be issued? 3. Cases when e-Way bill is Not Required 4. Who should generate an e way bill? 5. Consolidated E-Way Bill 6. States that have Notified e-Way Bill 7. Process to generate e-Way Bill 8. Validity of e-Way […]
