Learn how recent amendments to Section 112 of the Income Tax Act impact capital gains tax, including indexation rollback and new tax calculation options.
Understand the revised TDS rate chart for FY 2024-25. Know TDS sections, rates, thresholds, and exemptions to stay compliant and avoid penalties.
Understand the provisions of Section 83 of the CGST Act for provisional attachment of property to protect government revenue during ongoing tax proceedings.
EPFO introduces a delinking facility for erroneous Member IDs from UAN. Follow steps via unified portal to correct linked details.
Notification 07/2025 amends Central Tax rates by specifying exclusions for body corporate and composition levy opt-ins under GST provisions, effective January 2025.
New GST amendments for hotel accommodation and restaurant services will be effective from April 1, 2025, linking rates to accommodation value and offering opt-in options.
Double taxation of dividends burdens investors, deterring equity investments. Budget 2025 may reform rates to enhance economic efficiency and attract investment.
Draft GSTR-2B for December 2024 (Oct-Dec 2024 quarter) will be generated on January 16, 2025, following extended return filing deadlines per GST notifications.
Several key notifications and circulars were issued between January 6th and 12th, 2025. In the Income Tax domain, a notification exempting Tax Collection at Source (TCS) for goods sold to IFSC Units was introduced, effective January 1, 2025, with conditions for declaration by buyers.
Learn about ELSS funds, their tax-saving benefits under Section 80C, and how they combine equity investment with wealth creation for better returns.
