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...
Discover key takeaways from India’s Budget 2024-25: economic growth, employment schemes, skilling initiatives, and support for MSMEs. Full details from Nirmala Sitharaman’s speech.
Discover the key highlights of the Union Budget 2024-25, including tax reforms, employment schemes, and infrastructure investments. Learn more about the latest updates.
Finance Minister Nirmala Sitharaman introduced the Finance Bill 2024 and the Final Budget for the fiscal year 2024-25 in the Lok Sabha on July 23, 2024. This budget, which marks her seventh consecutive presentation, outlines the government’s financial strategy and priorities for the upcoming year. The budget aims to stimulate economic growth, ensure fiscal discipline, […]
Explore key corporate tax proposals for Union Budget 2024-25: lower tax rates, new incentives, and rationalized TDS to boost growth and investment in India.
Explore Budget 2024 expectations on resolving tax implications for goodwill in corporate reorganization. Analyzing legal amendments and industry impacts.
Explore anticipated personal tax reforms in India’s 2024 Union Budget, including tax rate adjustments, increased exemption limits, and simplified tax regimes.
Budget 2024 brings into focus the complexities and challenges surrounding presumptive taxation in India, particularly under sections 44AD, 44ADA, and 44AE of the Income Tax Act. These sections, aimed at simplifying tax compliance for certain taxpayers, face scrutiny for their applicability, concessions, and implications on business operations. WHETHER THE PROBLEMS IN THE PRESUMPTIVE TAXATION WILL […]
Explore India’s Budget 2024 expectations and projections, including potential tax relief, increased healthcare and education spending, and measures to boost economic growth.
Explore the key expectations for Budget 2024, including potential tax reliefs, increased deductions, and economic growth strategies under the NDA government.
Explore Rajasthan Budget 2024-25 tax proposals with reductions in VAT rates, abolition of certain taxes, and new incentives. Detailed analysis and implications covered.
