Budget 2025 revises block assessment rules for search cases, covering undisclosed income, assessment procedures, penalties, and time limits under I-T Act Sections 158B-158BG.
Buying a new car is not just an upgrade for the ride or, for that matter, upgrading the lifestyle but rather can offer great financial benefits as well. After all, be it any form of tax saving, when it is about buying a new car, something that will keep saving money by owning the pleasure of driving around is knowing the right way of applying them appropriately.
RBI cuts repo rate to 6.25%, revises GDP and inflation forecasts, introduces forward contracts in G-Secs, enhances cybersecurity, and updates payment security.
Learn about share capital reduction under Section 66 of the Companies Act 2013, its process, financial impact, and implications for shareholders and investors.
Explore the evolution of “options” from a concept of free will to a cornerstone of modern finance, shaping global markets and economic strategies.
Key controls for inventory valuation in Oracle Fusion: compliance, quality testing, and accurate reporting to avoid discrepancies and ensure proper inventory management.
Delhi HC rules customs cannot override DGFT decisions on MEIS benefits in Designco v. UOI case, declaring customs actions as illegal and beyond jurisdiction.
Boardroom diversity includes gender, age, skill, and geographical diversity. Embracing it ensures better perspectives, growth, and effective leadership.
India’s Finance Minister, Nirmala Sitharaman, presented the Union Budget for 2025-26 on February 1 in Parliament. The budget introduces significant reforms, including the removal of income tax liability (under the new regime) for individuals earning up to INR 1.2 million annually, excluding special income.
Key notifications from Income Tax, GST, RBI, and IBBI covering amendments, clarifications, and updates for the week of 27th January to 2nd February 2025.