Indian Accounting Standard (IND AS) 115, ‘Revenue from Contracts with Customers’, is a principle-based standard that provides guidance on how to account for revenue arising from contracts with customers
Understand the importance of tax laws & regulations to reduce your tax bill & avoid legal trouble. Get informed on deduction & credits to help manage your finances & investments.
Understand the changes in the Direct Tax & Indirect Tax proposals of Budget 2023 to make the best financial decision for yourself.
Striking feature of budget 2023 is that government attempted to make new tax regime attractive to pursue taxpayers to switch to new tax regime
Gain insight into the latest Income Tax changes proposed in Finance Bill, 2023 with this blog post. See the tax rates & chart with the new regime for AY 24-25!
Understand the Union Budget 2023 tax exemption on life insurance policies & payments to MSEs. Learn about Section 10 (10D) income tax exemption on premiums & more in this article.
Budget 2023 introduces Concept of inventory valuations by Cost Accountants in specific cases, as granted by Section 142(2A) of income Tax Act.
Discover the dark side of the Budget 2023 Trump Card- the new income tax regime. Find out the reduced tax rates & increased exemptions unveiled by FM Nirmala Sitharaman & how it differs from the old income tax regime.
In this article author covered 5 Major Custom Duty Proposals of Union Budget 2023-24 which includes Exemptions from Social Welfare Surcharge
Learn about the amendments to the GST in Finance Bill 2023 & how they will affect composition dealers. Keyphrase Highlights of Proposed GST Amendments in Finance Bill 2023
