In the realm of taxation, income is classified into various categories, with one of the most significant being Income from Business and Profession. This classification is crucial for determining the tax obligations of business proprietors, self-employed individuals, and corporations. A comprehensive understanding of how this income is taxed is essential for individuals and enterprises to […]
The Indian taxation framework, as delineated by the Income Tax Act of 1961, may initially seem daunting. Nevertheless, acquiring a comprehensive understanding of fundamental concepts such as Gross Total Income (GTI) and deductions can substantially influence financial management and the reduction of tax liabilities. Both GTI and deductions serve as critical elements in ascertaining tax […]
Explore key tax reforms in the latest Finance Government Budget. Learn about tax exemptions, TDS relief, MSME support, and investment benefits for the middle class.
Check the updated tax slabs for FY 2025-26. Know the new tax rates, rebate changes, exemption limits, and comparison with the old tax regime.
Explore the key TDS changes effective from April 1, 2025, including updated limits, rates, and penalties for late filing or incorrect TDS returns.
Delhi High Court directs GST refund release, rejecting tax department’s delay. Case highlights refund disputes and legal hurdles for taxpayers.
Explore SEBI’s 2025 ICDR amendments revamping rights issues for listed companies, including revised timelines, investor changes, and streamlined processes.
SEBI clears 7 IPOs, including Ecom Express, IGI, and Carraro India, aiming to raise ₹12,000 crore. Learn about their structures, fund uses, and market impact.
Compare India’s old and new tax regimes. Learn about tax slabs, deductions, and which option suits your income and investment habits best.
Learn about Tax Deducted at Source (TDS) in India, its applicability, key sections, deduction process, penalties, and recent updates for compliance.
