Under the Goods and Services Tax (GST) regime in India, healthcare services and hospital room rent are...
(A) Providing Tax Relief
A.1 Substantial relief is proposed under the new tax regime with new slabs and...
The Goods and Services Tax (GST), a comprehensive indirect tax system, has been a transformative step...
Applicable to: Individuals, HUFs, Firms, AOPs, BOIs, and others (except companies)
This section provides...
Section 164(2) of the Income Tax Act, 1961, deals with the taxation of discretionary trusts, including charitable...
Section 115JB(4) of the Income Tax Act, 1961, mandates that companies liable for Minimum Alternate Tax...
Notification No. 04/2025 [F. No. 196/1/2023-ITA-I] Dated 3nd January, 2025
MINISTRY OF FINANCE
(Department...
E-Invoicing has been implemented in India in a phased manner since 1st October 2020. Let us discuss whether...
GST Audit under Section 65 of the CGST Act, 2017 is conducted by the tax authorities to verify the correctness...
This Trust Deed is made and executed on this [Date] day of [Month], [Year] at [Place] by:
SETTLOR:
Name:...
Applicable to: Individuals & HUFs
This section provides tax relief for expenses incurred on the care...
1. Documents Required to Apply for NRI PAN Card
As a Non-Resident Indian (NRI), obtaining a Permanent...
Section 115JB ensures that companies with substantial book profits but low or no taxable income (due...
Education is an essential aspect of personal and professional growth. However, pursuing higher education...
Section 144 of the Income Tax Act, 1961, empowers the Assessing Officer (AO) to determine a taxpayer’s...
Section 194B of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on winnings from games...
Any expenditure (not being expenditure of the nature described in sections 30 to 36) and not of capital...
Section 10(10CC) provides a unique tax benefit where certain perquisites paid by employers are exempt...
When income is clubbed under Sections 60-65 of the Income Tax Act, it is taxed under the same head as...
Discover 5 Major IFSC Tax Amendments 2026 For Investment Funds. Learn About Section 9A, 10(4D), 47(Viiad)...