Explore the distinction between interest on arbitrarily delayed and actual delayed GST payments under Section 50 of the CGST Act, with recent amendments and implications.
India’s Transfer Pricing regulations for FY 2023-24 (AY 2024-25) – This detailed chart lists key activities, legal sections, required forms, and deadlines for easy reference.
Explore key highlights from the Union Budget 2024-25 on economy and taxation, including GST updates, direct tax reforms, and fiscal policies.
Explore the challenges and opportunities for MSMEs in India, their role in the economy, and government schemes aimed at fostering growth and ease of business.
यूनियन बजट 2024 में प्रस्तावित इनकम टैक्स एक्ट की नई सेक्शन 194T के अंतर्गत पार्टनरशिप फर्म द्वारा पार्टनर्स को वेतन, इंटरेस्ट, आदि पर टीडीएस काटना अनिवार्य होगा।
Explore the historical and ongoing neglect of Uttar Pradesh need for more High Court Benches, a critical issue of constitutional and judicial fairness.
The provisions for tax and penalty determination under the currently applicable Section 73 (Nonfraud cases) and Section 74 (Fraud cases) are proposed to be replaced by a new Section 74A for the financial year 2024-25. Sections 73 and 74 will now only apply to matters related to the financial year 2023-2024. For cases from the […]
Explore the enhanced benefits of Tax Regime 3.0 introduced in Budget 2024. Learn about simplified rates, increased deductions, and how it impacts your tax efficiency.
Taxpayers have been facing parallel and/ or multiple proceedings in case of scrutiny, audit, investigation and other proceedings. The article tries to bring out the legal position as per relevant GST Act and judicial pronouncements.
Beta is a measure of an asset’s volatility in relation to the overall market. It is a numerical value that indicates how much an asset’s price is expected to move relative to market movements.
