Compare deductions under India’s old and new tax regimes. Learn which tax-saving options, including Standard Deduction and Gratuity, are available in each.
The GST Council has cut the rate on hotel accommodations under Rs.7,500 to 5% without ITC. This requires hotels to reverse existing Input Tax Credit.
Effective A.Y. 2024-25, the new tax regime is the default. Taxpayers with business or professional income must file Form 10-IEA to opt for the old regime.
Rajasthan High Court petitioned for Tax Audit due date extension over e-filing portal glitches. CBDT holds power, but courts can direct relief citing technical hardship.
Filing your income tax return yourself might seem convenient, but DIY tax filing in 2025 carries hidden risks that can cost time, money, and peace of mind. From errors in reporting income and missing deductions to cybersecurity threats and unawareness of the latest amendments under the Income Tax Act of 1961, self-filing can quickly become […]
Effective study strategies for CS students, including overcoming challenges like lack of focus and poor presentation. Learn tips for better preparation and exam performance.
This article explores the GST implications and legal challenges surrounding the transfer of development rights (TDR), including valuation rules and court judgments.
The SEZ Act, 2005, prevails over the Customs Act, 1962, ensuring no export duty is levied on goods transferred from Domestic Tariff Area to Special Economic Zone units.
Secure your crypto with expert tips on storage, privacy, and emerging trends. Learn about hot/cold wallets, private coins, and best practices.
Understand Hindu Undivided Family (HUF) tax rules for asset transfers, including gifts from members and non-relatives, and how clubbing provisions affect income.
