Filing ITR-U Return in India: Discover the benefits, process, and additional income tax payable. Learn about the updated return facility introduced in Union Budget 2022 under Section 139(8A) for taxpayers who missed the ITR due date. Understand the conditions, benefits, and calculation of additional tax payable. Stay informed and compliant with the tax laws.
Understand the tax implications of arrears of salary and explore relief options under Section 89(1). Learn the calculation process for tax relief and the importance of filing Form 10E to claim relief. Stay informed about taxability, provisions, and steps to ensure a smooth process.
Discover the significance of Form No. 12BB in the context of submitting Income Tax returns for salaried individuals and pensioners. Learn about the details required and how it aids in estimating TDS on Salary. Stay informed about the rules and regulations to ensure a smooth tax filing process.
A company opting for special rate taxation under section 115BAA and 115BAB of the Act are exempt from paying MAT. Further, a company, being a unit of an International Financial Services Centre (IFSC) and deriving its income solely in convertible foreign exchange, will be required to pay MAT at 9% (plus cess and surcharge as applicable
Change in control is an integral part of transitioning to a digital and automated future. The process comes with a number of benefits and risks, which need to be carefully managed to help firms get the best out of their circumstances. Any organization going through a change in control should ensure that it is conducted to the highest standards, with the interests of all stakeholders in mind.
Exemption is provided upto Rs 7500 per month per member in case a society sources goods and services from third person for common use of its members. Eg (payments to security, cleaners, accountants etc).
Dive into a comprehensive analysis of Indias unicorn startups, exploring their rapid growth, current valuation, and the factors contributing to their success. Learn about key trends, the startup ecosystem, and India’s global standing in the unicorn landscape. Discover the potential for future growth and the country’s journey towards becoming a global leader in startups.
Discover the highlights of India’s economic potential discussed at the World Economic Forum 2023. Explore insights on continued growth, financial security, labor reforms, and strategies for global competitiveness. Learn about the key takeaways and recommendations for India’s future success in international trade, investments, and partnerships.
Explore Indias pivotal role at the 2023 International Monetary Fund (IMF) meeting, where discussions on global economic policies and reforms take center stage. With Indias remarkable economic growth, successful reforms, and increasing global influence, the nation is poised to lead discussions and contribute to solutions for the worlds economic challenges.
Explore the expected changes to the Goods and Services Tax (GST) system in the 2023-24 budget. Learn about proposed reductions in tax slabs, removal of concessional rates, increased input tax credits, and a streamlined filing system. These changes aim to simplify GST, enhance efficiency, and boost government revenue.
