MCA plans to exempt firms up to ₹1 Cr turnover from mandatory statutory audit, easing compliance for micro-enterprises. Major reform ahead!
Covers the flat 30% tax on VDA transfers, 1% TDS requirements, and essential record-keeping for cryptocurrencies, NFTs, and tokenized assets.
Highlights the legal obligations of timely ITR filing, penalties for delays, and the benefits of maintaining a clean financial record.
Explains the new tax slabs, higher Section 87A rebate, and standard deduction increases under the Finance Act 2025, highlighting relief for taxpayers earning up to ₹12 lakh.
Explains how income from freelancing and content creation is classified, taxed, and regulated under major Income Tax Act provisions.
Explains how freelance income is taxed, what deductions are allowed, and why declaring all earnings is crucial for compliance.
Learn how late filing under Section 234F and interest under 234A/B/C can escalate costs and how timely filing avoids unnecessary penalties.
GSTN has released updates on return filing deadlines, import details in IMS, simplified registration, and mandatory bank account furnishing. Businesses must act promptly to avoid filing restrictions and registration suspension.
Analyze the ITAT Delhi ruling on whether Section 115BAA applies to long-term capital gains, and understand why special LTCG rates under Sections 112/112A remain intact.
Explore the methods forensic auditors use to detect financial fraud, from red flags to data analytics, and their critical role in protecting investors and companies.
