Articles by Sachin
View Full Profile
Recession is Coming: A Financial Tsunami in the US; Citi Raises Concerns
Sachin
11 September 2024 at 08:43
As the possibility of an economic recession in the US looms, global attention is now focused on the upcoming Federal Reserve meeting on September 17 and 18.
GST Council Nears Decision on Cutting Taxes for Insurance Premiums; Final Call Expected in Next Meeting
Sachin 10 September 2024 at 08:37
The GST Council is considering reducing the GST on life, health, and reinsurance premiums, currently at 18%.
Good News for Taxpayers: CBDT Launches Online Mechanism to Resolve Income Tax Disputes
Sachin 07 September 2024 at 08:37
Taxpayers, rejoice! The Central Board of Direct Taxes (CBDT) has unveiled a game-changing initiative that will bring much-needed relief to millions of taxpayers.
Tax Trends Among India's Top Celebrities: Shah Rukh Khan Leads, Akshay Kumar Absent from 2024 List
Sachin 06 September 2024 at 08:42
To make the information more appealing to Chartered Accountants (CAs) and finance professionals, the focus should be on tax trends, financial insights and the significance of high tax payments by celebrities. Here's how the key points can be tailored to engage them
No Income Tax Rebate u/s 87A Despite Income Below Rs 7 Lakh: Key Scenarios Explained
Sachin 04 September 2024 at 08:37
Here's a point-to-point summary of the article about cases where no income tax rebate under Section 87A is allowed, even if the total income is below Rs 7 lakh
Towards a Modern Tax System: The Need for a New Income-Tax Act in India
Sachin 31 August 2024 at 08:35
In her budget speech in July 2024, Finance Minister Nirmala Sitharaman announced a comprehensive review of the Income-Tax Act. The review is expected to be completed before the next Budget, aiming to reduce compliance burdens and improve clarity for taxpayers.
Essential Income Tax Deadlines for September 2024
Sachin 30 August 2024 at 08:43
Tax planning is vital for effective financial management and avoiding penalties. The income tax department has outlined crucial deadlines for September 2024.
Filing Belated Income Tax Return & Common Reasons for Delayed Filing
Sachin 29 August 2024 at 08:39
You can file a belated Income Tax Return (ITR) if you missed the original deadline of July 31. The deadline to file a belated ITR is December 31 of the assessment year.
Potential Changes in GST Slabs: 12% vs 18% GST Slabs
Sachin 28 August 2024 at 08:35
A ministerial group is thoroughly reviewing GST rates in the 12% and 18% brackets. Decisions on potential changes are expected by the end of September.
GST Taxpayers Without Valid Bank Account to Be Barred from Filing GSTR-1 from 1st September
Sachin 27 August 2024 at 08:36
From September 1, 2024, GST taxpayers must have a valid bank account linked to their GST registration to file GSTR-1.
Popular Articles
- Income from Renting under House Property Income or PGBP
- GST Compliance Alert: Check and Rectify Past Claims Before November 2024
- Revision TDS Return Online: Process and Advantages
- RCM on Rent for Family-Owned Properties: Impact of Notification No. 09/2024
- GST Amnesty Scheme 2024: Sec 128A of CGST Act 2017
- Resolving Gaps Between GSTR-2B and GSTR-3B Data
- Updates Related To Revamp of IT Act 1961
- Understanding the New IMS (Invoice Management System) on GST Portal
CAclubindia
