NPS Vatsalya Scheme offers long-term financial planning for children. Parents can invest in a pension fund until the child turns 18, with a minimum contribution of ₹1,000.
Reminder to ICAI members to pay their membership fees for FY 2024-25 by 30th September 2024 and submit or update the Know Your Member (KYM) form.
A grieving mother’s letter to EY Chairman after the death of her daughter, Anna Perayil, highlights the toll of workplace stress and calls for change in company culture.
Learn how to access, enable e-Invoicing, and resolve common issues with the GST e-Invoice portal. Find out eligibility for exemption declaration and troubleshooting tips.
Assessees face 78% tax and 6% penalty for unexplained investments or expenditures under Sections 69 to 69C of Income Tax Act if details are not satisfactorily explained.
Taxpayers have until Oct 31, 2024, to report ITC reversal opening balances in the new Electronic Credit Reversal and Re-claimed Statement before it locks. Amendments allowed till Nov 30.
Explore GST impact on hotels and restaurants, covering registration, rates, input tax credit, invoicing, and composition schemes in India’s hospitality sector.
CBDT raises monetary limits for tax appeals: Rs. 60 lakh for ITAT, Rs. 2 crore for High Court, and Rs. 5 crore for Supreme Court, to reduce litigation.
Learn about taxation on derivatives and F&O transactions, their treatment as business income, audit requirements, and presumptive taxation options.
The new GST Invoice Management System (IMS) simplifies invoice handling for taxpayers. Accept, reject, or defer invoices and manage GSTR-2B.
