Amendments carried out in the Finance Bill, 2023 related to GST except those in clause 142 will come into effect from the date when the same will be notified concurrently, as far as possible, with the corresponding amendments to the similar Acts passed by the States & Union territories with legislature. Amendments carried out in the Finance Bill, 2023, vide clause 142 will come into effect retrospectively from 1st July, 2017.
Learn all about the new tax slabs from Union Budget 2023 and understand the computing of individual taxes for FY 2023-24. Budget 2023- Individual Tax Slabs
Learn about the eligibility for higher pensions of EPFO, per latest Supreme Court judgements and clarifications issued by the EPFO. Eligibility for EPS-95 and compare it with the EPF for a higher pension.
Starting from FY 23-24, take advantage of the ₹ 52,500 or ₹50,000 standard deduction benefit announced in the Union Budget. Learn more!
Under section 44AB of the Act, every person carrying on business is required to get his accounts audited, if his total sales, turnover or gross receipts, in business exceeds one crore rupees in any previous year. The limit is raised to ten crore rupees where at least 95% of receipts/payments are in non-cash mode.
Request for relaxation in levy of additional fee in filing of 46 company forms (second set) launched on MCA-21 V3 portal
ICSI Request MCA to extend reservation period of names reserved and period of re-submission under Companies (Incorporation) Rules, 2014
Understand the depreciation provisions as per Companies Act, 2013 – a brief analysis. Depreciation and its components as per Companies Act, 2013 explained in detail. Learn the key definitions of depreciation and how it is calculated. Depreciable amount & useful life – what does this mean in the context of Companies Act, 2013? All the details for depreciation provisions in Companies Act, 2013 are here.
Discover the key highlights of the Union Budget 2023 regarding changes in Customs & Excise, including notification numbers and proposed rates of duty. Get all the info here!
Understand the Income Tax Exemptions Amendments proposed by Finance Bill 2023 – no change in Minimum threshold limits and surcharge slabs. Opt for the new tax regime to get maximum benefits of interest on housing loan, HRA, 80C, 80D, 80G, 80T etc.
