A study on Bangalore’s auto component SMEs explores how innovation enhances competitiveness, impacts employment growth, and its limited effect on labour productivity.
Explore cryptocurrency taxation in India, including tax rates, GST ambiguities, compliance issues, and the need for a clear regulatory framework for digital assets.
Women often pay more for personal care, clothing, and financial services due to the Pink Tax. Learn about gender-based pricing and how to challenge it.
Explore taxpayer psychology, bizarre historical taxes, and gig economy taxation in India. Learn how influencers and freelancers navigate tax obligations.
Tax Implications of Exchanging a Personal Mobile vs GST-Registered Business Mobile (iPhone 15 to iPhone 16) In today’s world, many individuals and businesses often upgrade their smartphones, and in some cases, they may choose to exchange their old mobile for a new one. The tax implications surrounding this transaction can vary significantly depending on whether […]
Learn essential year-end financial tasks, including reconciliations, tax provisions, audits, and compliance, to ensure accurate reporting and planning for FY 2025-26.
Learn about GSTIN, its structure, uses for businesses, and the provisional GSTIN. Stay informed about the GST registration process and compliance requirements.
Explore how Sovereign Gold Bonds (SGBs) offered investors high returns while creating financial challenges for the government. Learn about their impact and future.
Indian government has introduced a taxpayer-friendly GST Amnesty Scheme under Section 128A of the CGST Act, 2017, effective from November 1, 2024. This initiative aims to reduce litigation and provide relief to businesses by waiving interest and penalties for specific disputes.
The Updated Income Tax Return (ITR-U) is a recent provision introduced under Section 139(8A) of the Income Tax Act, 1961. This provision gives taxpayers an opportunity to correct errors or omissions in their previously filed returns, even after the prescribed deadlines have passed.