Understand Section 44AD of the Income Tax Act: presumptive business income, eligibility, turnover limits, and tax implications for FY 2025-26.
Explore 375 key legal compliances and updates across FEMA, Income Tax, and GST for March 2025. Stay informed on filing deadlines and statutory obligations in India.
his article discusses FEMA’s goals, structure, and its major role in regulation of foreign investments in India’s capital markets. It identifies major compliance requirements for foreign investors, sector-specific implications, and regulatory complexities challenges.
Union Budget 2025-26 offers tax relief for individuals, senior citizens, and small businesses while simplifying compliance and promoting voluntary disclosure.
Know how rebate under Section 87A and short-term capital gains u/s 111A apply under the new tax regime for FY 2024-25, with examples and tax rules.
Explore how Ind AS 113 and IFRS 13 guide fair value using market-based and income-based valuation approaches with key differences and practical examples.
Learn how to identify performance obligations under Ind AS 115 and IFRS 15 for accurate revenue recognition. Includes examples from construction, software, and telecom.
Explore constraints of CGST Rule 39(1A) in transferring input tax credits, impacting working capital and compliance for businesses under India’s GST regime.
This article explores the key amendments to stamp duty rates by Gujarat Stamp (Amendment) Act of 2025, providing a clear overview of how landscape has shifted before and after amendments.
GSTN’s new protocol will treat selected IRN input fields as case-insensitive. This includes GSTINs, invoice numbers, and document identifiers, effectively neutralizing rejections caused purely by letter casing mismatches.
