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...
Explore the Union Budget 2024-25 highlights, focusing on economic growth, taxation reforms, employment, MSMEs, and the middle class in India’s dynamic landscape.
Explore the new Section 128A proposed in Budget 2024, detailing tax relief for non-fraud cases under Section 73. Learn how this impacts notices, statements, and orders.
Finance Bill 2024 proposes an amendment to Section 55 of the Income Tax Act to clarify the computation of cost of acquisition for unlisted equity shares sold under an IPO.
Explore the 2024-25 budget proposals affecting TDS/TCS rates, new sections, and compliance updates. Stay informed on key changes and optimizations.
Explore the Union Budget 2024-25’s key GST proposals, including ITC amendments, changes in appeal processes, and more. Discover how these reforms impact businesses.
Budget 2024 introduces new sub-sections in Section 16 of CGST Act to regularize Input Tax Credit claims past the deadline, aiding taxpayers with late returns and restored registrations.
Finance Bill 2024 changes taxation of long-term capital gains on non-financial assets: removes indexation, lowers tax to 12.5%, changes holding period to 24 months.
Discover key proposals in the VTPA Direct Tax Budget Bulletin 2024-25. Detailed insights into income-tax changes, corporate tax implications, and sectoral impacts.
Explore key proposals in the Finance (No.2) Bill, 2024, including tax reforms, GST updates, and their implications for businesses and individuals in the Union Budget 2024-2025.
Budget 2024 boosts startups by abolishing Angel Tax, setting up a ₹1000 crore space tech fund, and reducing long-term capital gains tax from 20% to 12.5%.
