complete tax solutions
Income Tax Management
Complete Tax Solutions for Students, Teachers, Salaried, Professional, Executives & Businessman
complete tax solutions
Income Tax Management
Complete Tax Solutions for Students, Teachers, Salaried, Professional, Executives & Businessman
In India, the Income Tax Act provides various exemptions to taxpayers to encourage investments and promote...
When it comes to investing in mutual funds, it is important to understand the various tax implications....
1. [Section 80C]: Deduction in respect of Life Insurance Premium, Deferred Annuity, Contributions to...
Section 67 of the Central Goods and Services Tax (CGST) Act, 2017 deals with the inspection, search,...
In order to monitor high-value transactions conducted by taxpayers, a significant regulatory measure...
1. Making changes or Correction in PAN data Suppose an applicant needs to change or correct a data on...
When it comes to dealing with various processes and procedures, understanding the time limits, forms,...
The authority vested in officers for search and seizure is a crucial aspect of upholding tax laws and...
Section 10(48A) of the Income Tax Act provides an exemption in respect of income earned by a foreign...
While the income from other sources is taxable, there are certain amounts that are not deductible while...
Introduction The people of India have reposed their faith in the government led by the Hon’ble Prime...
1. Understanding of Section 80-IAC The Income Tax Act, 1961 provides various deductions for taxpayers...
The Central Board of Indirect Taxes and Customs (CBIC) has released Notification No. 12/2024–Central...
Certain BCD exemptions entries under S No. 50/2017-Customs dated 30.6.2017 and other notifications are...
Interest on Non-resident (External) Account (NRE) is exempt from income tax in India under Section 10(4)(ii)...
As per Section 44AA and Rule 6F, persons carrying on Business and Professions specified below are mandatorily...
Sovereign Gold Bonds (SGBs) are government securities denominated in grams of gold. They are substitutes...
According to Section 10(7), allowances or perquisites received by an employee outside of India for rendering...
Section 55(2) – Cost of Acquisition of Capital Asset for Computing Capital Gain Cost of acquisition...
Section 80TTB of the Income Tax Act, 1961 provides a special deduction to senior citizens in respect...
Knowledge Base on Taxation
It provides a solid foundation for a Knowledge Base on Taxation, covering both theoretical and practical elements.
Section 206C of the Act provides for tax collection at source (TCS) on business of trading in alcoholic...
Section 194T, introduced by the Finance (No. 2) Bill, 2024, is effective from April 1, 2025. This section...
The Budget 2025 has introduced enhanced threshold limits for TDS, ensuring that smaller transactions...
To give relief to small taxpayers from the tedious job of maintenance of books of account and from getting...
To simplify tax compliance and enhance the ease of doing business, the Finance Act has proposed significant...
The taxpayer has to communicate the details of his taxable income/loss to the Income tax Department....
INTRODUCTION: Form 15CA and Form 15CB are essential documents under the Income Tax Act, 1961, for foreign...
Section 132 of the Income Tax Act, 1961, empowers the Income Tax Department to conduct search and seizure...
Section 194-I of the Income Tax Act, 1961, a crucial piece of legislation in India, governs the taxation...
Press Release by PIB (Press Information Bureau)
Press Release by Press Information Bureau (PIB) is the nodal agency of the Government of India.
Ministry of Finance HIGHLIGHTS OF UNION BUDGET 2025-26 Posted On: 01 FEB 2025 1:29PM by PIB Delhi PART...
Ministry of Finance Posted On: 22 JAN 2025 8:09PM by PIB Delh CBDT notifies amendments in Income-tax...
A. Purpose of CRS and FATCA In this globalized economy, tax transparency and compliance has become paramount...
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** New...
CBDT issues clarification in respect of Income-tax clearance certificate (ITCC)-Press Release by PIB
Ministry of Finance CBDT issues clarification in respect of Income-tax clearance certificate (ITCC) It...
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi,...
Ministry of Finance FAQs issued by CBDT on the new Capital Gains Tax Regime proposed in the Union Budget...
Ministry of Finance GOVERNMENT MAKES NEW TAX REGIME MORE ATTRACTIVE STANDARD REDUCTION INCREASED FROM...
Ministry of Finance CAPITAL GAINS TAXATION SIMPLIFIED AND RATIONALISED SHORT TERM GAINS TO ATTRACT A...