Income Tax : Pre-Budget 2026 suggestions for widening the tax base, reducing litigation with 30-day resolution limits, rationalizing to a singl...
Income Tax : Learn how to calculate income tax for individuals in India for AY 2025-26. This guide covers salary, capital gains, and business i...
Income Tax : Explore India's 2024 Union Budget changes to LTCG tax on immovable property, including indexation removal, revised tax rates, and ...
Income Tax : Understand TDS on rent for individuals: thresholds, rates, and compliance procedures as per Section 194-IB....
Income Tax : Income tax updates effective 1st April 2025 include higher TDS thresholds, extended startup benefits, increased rebates, and simpl...
Income Tax : CBDT simplifies TDS for salaried employees and enables parents to claim TCS credit for minors through recent amendments in Income-...
Income Tax : Key amendments to the Finance (No.2) Bill, 2024, include changes in tax rates, capital gains, customs duties, and excise laws, eff...
CA, CS, CMA : ICAI President's August 2024 message highlights India's economic growth, recent exam results, and the Union Budget's role in achie...
Goods and Services Tax : Discover the major amendments in GST, excise, and customs duties introduced in Budget 2024, including changes in CGST, IGST, and C...
Income Tax : Finance Bill 2024 proposes an amendment to Section 55 of the Income Tax Act to clarify the computation of cost of acquisition for ...
Income Tax : The case examined whether interest beyond Section 24 limits could be claimed when loan funds were temporarily used elsewhere. The ...
Goods and Services Tax : Discover the key amendments in the Finance (No. 2) Bill, 2024, affecting CGST, IGST, UTGST, and Cess Act, including tax exemptions...
Corporate Law : Ministry of Mines announces incentive scheme to boost critical minerals recycling, reduce import dependence, and strengthen domest...
Goods and Services Tax : Ministry of Finance notifies commencement dates for provisions of the Finance (No. 2) Act, 2024. Key sections to come into force b...
Income Tax : On August 16, 2024, President Droupadi Murmu officially granted her assent to the Finance (No 2) Bill, 2024. With this move, the b...
Income Tax : Explore the Finance Bill 2024, detailing income tax rates, surcharges, and provisions for various taxpayers, including individuals...
Goods and Services Tax : Govt. sets October 1, 2024, for Finance Act 2024, Section 13; April 1, 2025, for Sections 11 and 12, under Notification No. 16/202...
International Financial Services Centre (IFSC) in India is poised for significant tax incentives under the Finance Bill 2024. Effective from April 1, 2025, these amendments aim to bolster the IFSC’s role as a premier global financial hub.
Finance Bill 2024 proposes the sunset of Section 56(2)(viib) from April 2025, eliminating the tax on shares issued above face value for non-public companies.
Discover the new tax incentives for non-resident cruise ship operators in India, including presumptive taxation and lease rental exemptions, effective April 2025.
Learn about the amended provisions allowing non-government employers to deduct up to 14% of employee salaries for pension scheme contributions under sections 36 and 80CCD from April 2025 onwards.
The Budget 2024-25 announced by the Hon’ble Finance Minister emphasizes on job creation, tax rationalization, employment generation and measures aimed at benefiting the common man.
Explore the Union Budget 2024-25’s key direct tax proposals, including new tax slabs, enhanced deductions, and measures to boost investment and simplify taxation.
Finance Minister Nirmala Sitharamans budget missed crucial GST changes. Discover amendments in GST laws and their impacts for businesses in this detailed analysis.
ICSI appreciates Budget 2024 for its focus on women, youth, farmers, MSMEs, regulatory infrastructure, sustainability, digital governance, and ease of doing business.
Union Budget 2024: Key tax changes impact short-term, long-term capital gains, and security transaction tax for capital market participants. Learn more here.
Explore the Finance Act 2024 amendments impacting income tax rates, TDS, capital gains, and more. Stay informed on key changes affecting businesses and individuals.
