Income Tax : Learn how to smartly allocate your tax savings in 2025—repay loans, invest in mutual funds, boost spending, or explore business ...
Income Tax : Budget 2025 has brought significant simplification in the tax treatment of house properties, particularly for self-occupied proper...
Finance : Learn how preparing a budget—whether personal, business, or government—ensures financial stability and discipline in daily lif...
Goods and Services Tax : The recent GST notifications introduce various changes aimed at streamlining compliance and addressing specific sectors. Let’s b...
Goods and Services Tax : Gujarat High Court rules that the assignment of leasehold rights is not subject to GST, providing relief to taxpayers by clarifyin...
Corporate Law : Right now, MSME’s are in a bind, there are lot of suppliers who are not paying MSME’s their dues on time and it's causing MSME...
Learn how to smartly allocate your tax savings in 2025—repay loans, invest in mutual funds, boost spending, or explore business opportunities.
Budget 2025 has brought significant simplification in the tax treatment of house properties, particularly for self-occupied properties. Earlier, if you owned more than one house, certain restrictions applied regarding how they were taxed, which often resulted in unnecessary tax liability. However, these have now been relaxed, bringing much-needed relief to homeowners.
Learn how preparing a budget—whether personal, business, or government—ensures financial stability and discipline in daily life and planning.
The recent GST notifications introduce various changes aimed at streamlining compliance and addressing specific sectors. Let’s break down the key important notifications point by point.
Gujarat High Court rules that the assignment of leasehold rights is not subject to GST, providing relief to taxpayers by clarifying it as a property transfer.
The 55th GST Council Meeting introduced changes in GST rates, compliance mechanisms, and exemptions for businesses, including new definitions and tax amendments.
Arjuna: Krishna, I heard there’s a new Invoice Management System (IMS) on the GST portal. What’s it all about? It sounds complicated. Krishna: Arjuna, IMS is indeed a fresh addition, introduced in October 2024, but it’s quite beneficial if understood well. IMS allows recipient taxpayers to take various actions like accept, reject, or keep invoices […]
Learn about the planned overhaul of India’s Income Tax Act 1961, set to simplify and modernize tax laws by 2025, aiming for clarity, reduced litigation, and ease of compliance.
Explore the latest GST updates this Diwali, including amnesty schemes, new provisions, and compliance measures to help taxpayers celebrate responsibly.
Learn how to clean and worship your Books of Accounts on Diwali. Discover the provisions under various tax laws for discarding old records.