Explore the calculation of taxable salary income under Section 115BAC. Compare old and new tax regimes, exemptions, deductions, and benefits.
Optimize your tax liability with comprehensive insights into Income Tax Computation for Individuals. Learn rules, rates, and strategies for effective financial planning. Delve into topics like residential status determination, income heads, deductions, and special tax rates.
Explore taxability of various allowances, exemptions, and deductions for salaried employees in India. Learn about fully and partially taxable allowances, exemptions for HRA, and deductions under Section 80C and more.
Learn about tax implications of land acquisition, including capital gains, TDS, exemptions, and penalties. Understand Section 194LA and Section 10(37).
Read Circular 18/2023 from the Government of India Ministry of Finance. Learn about the extension of the filing deadline for Income Tax reports and its implications
The Institute of Chartered Accountants of India questions hasty, generic GST notices, demanding fair treatment, clear procedures, and justice for taxpayers
Explore GSTN’s latest advisories on geocoding, ITC mismatches, e-invoice, e-commerce, and online money gaming. Stay updated for maximum benefits!
CCDs allotment- Not Filing of PAS-3 & PAS-4 & Non-maintenance of Separate Bank account- MCA Imposes Penalty of Rs. 2,07,56,000/-. In a recent development, the Ministry of Corporate Affairs (MCA), under the Government of India, has imposed a penalty on M/s. Viraj Profiles Private Limited for violations of Section 42 of the Companies Act, 2013. […]
Learn about latest compliance update from Institute of Chartered Accountants of India regarding Significant Beneficial Ownership rules and their implications.
Discover income tax benefits enjoyed by senior and super senior citizens under Income Tax Act of 1961, from higher deductions to special rates.
