Unsure if you need to file your Income Tax Return (ITR) for FY 2023-24? Learn about mandatory filing criteria, exemption limits, and key thresholds in this comprehensive guide.
Learn the differences between the old and new tax regimes in India. Discover which scheme suits your financial needs best with this comprehensive guide.
Guide to the SOP for re-computing total income for sugar factories post amendments to the Income Tax Act 1961. Key steps and timeline for application.
The Auditor requires to report on various clauses covered under sub-section (3) of Section 143 of the Companies Act, 2013 (the Act) in Independent Auditor’s Report.
Understand the taxation of capital gains on shares and mutual funds for FY 2022-23 & 2023-24. Explore terms, holding periods, and tax rates. Learn the impact of amendments introduced by the Finance Act, 2023.
Discover the taxation changes for online game winnings under Section 115BBJ and Section 194BA introduced by the Finance Bill, 2023. Stay informed about the 30% TDS on net winnings from games like Dream11 and Rummy, applicable from July 1, 2023. Ensure compliance to avoid penalties.
Through this budget, MSMEs get a Rs. 9,000 Crores corpus and a big relief through an amendment to section 43B of the Income Tax Act. Know more!
Stay updated with the latest amendment in the independent auditors report for FY 2021-22. Learn about the enhanced disclosures and increased reliability in audit reports.
Learn the ins and outs of bootstrapping in startup funding. Discover how entrepreneurs build their businesses from their own sources.
There are very few eligible startups which are allowed to claim deduction under section 80IAC by ministry. Hence the startup must use this tax exemption wisely. Before filling Income Tax return (ITR) and claiming deduction under section 80IAC, the startup must keep following points in mind. Otherwise, it may result in disallowance of deduction and increase […]