A major change has been proposed in the new Income Tax Bill, 2025, which could significantly impact how tax is deducted at source (TDS) for both resident and non-resident taxpayers, including NRIs.
Capital gains on mutual funds are of two types based on the holding period. Check out the latest changes related to rates and indexation.
In this article, the author has dealt with Convergence-Divergence? The Evolving Relationship Between Direct and Indirect Taxes in India"vis-a-vis Inventories.
Explore the latest Income Tax Rates for AY 2025-26, including slab-wise details for individuals under the old and new tax regimes.
This article will help you know the common mistakes made while applying for 80G(5) Registration.
Alimony means the specified amount which is made at the time of divorce. Check here whether the lump sum alimony is taxable for the wife?
TDS on rent has been increased for FY 2024-25, providing relief to landlords and reducing compliance burdens.
In this article, the author has attempted to explore complementary or completely opposing perspectives by examining aspects such as revenue recognition of revenues and expenditures, inventories, capital expenditures (Capex), and related party transactions.
Section 194Q mandates that a buyer must deduct TDS while making payments for the purchase of goods from a resident seller.
New income tax slab has been introduced in the Budget 2025 with a simplified new tax regime, offering zero tax liability up to Rs.12 lakh.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English