Provisions of section 28 of Income Tax Act, 1961 specify income chargeable to income tax under ‘Profits and gains of business or profession’.
Explore the various types of GST invoices, including tax invoice, consolidated tax invoice, revised invoices, bill of supply, receipt voucher, and more.
BIS Certification mandatory for Fortified Rice Kernels (FRK) Equipment Manufacturers under IS 17853:2022 Rice fortification is a process of adding the essential micronutrients to regular rice. Fortified Rice Kernels (FRK) are rice-shaped kernels comprising of micronutrient premix such as iron, folic acid and vitamin B12. Fortified Rice (FR) is obtained by blending FRK with polished […]
Explore the amendments in Capital Gain exemptions under Section 54 & 54F in the Budget 2023, aiming to limit exemptions for high net worth individuals.
India’s Income Tax Act of 1961 governs the taxation of income in India. Income tax is levied on income earned by various kinds of entities ranging from individuals to companies.
Discover the limitations of Indias Centralized Processing System (CPC) for taxpayers. Explore solutions to enhance communication and efficiency in tax processing.
Understand the applicability of Secretarial Audit under the Companies Act, 2013, including triggers, limits, and exemptions. Learn when Secretarial Audit is required.
Explore Cost Accounting under Section 148 of the Companies Act, 2013, its requirements, and practical challenges faced by industries in implementing cost accounting practices.
Discover the latest changes in Companies (CSR Policy) Rules, 2014 including CSR applicability, expenditure modes, penalties for non-compliance, and amendments.
Discover the SBI Amrit Kalash Deposit Scheme with lucrative interest rates for SBI employees, pensioners, and the general public. Apply online via SBI Net Banking or YONO app.