Articles by CA Umesh Sharma

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Important Things from GST Aspect to Remember this March 2025 ending!

  CA Umesh Sharmapro badge    25 March 2025 at 08:27

This week marks the end of the financial year 2024-25. The taxpayers are curious as to what shall be done before this year end to better prepare for the new financial year 2025-26.



March End Income Tax Checklist: Key Points to Remember!

  CA Umesh Sharmapro badge    18 March 2025 at 08:27

The Financial year 2024-25 is about to end, and the new financial year is about to start. How should a taxpayer prepare himself for this year's march ending?



What is the Colour of Your Investment Portfolio?

  CA Umesh Sharmapro badge    11 March 2025 at 08:44

The festival of colours fills the air with joy, but my investment portfolio seems to have changed its colour. The stock market has fallen, and now I am wondering about the colour of my investment portfolio.



Tax Saving Strategies for Taxpayers in this March!

  CA Umesh Sharmapro badge    04 March 2025 at 08:34

Discover expert tax-saving tips as Krishna guides Arjuna through deductions, exemptions, and strategies under the new and old tax regimes. Maximize savings and minimize tax liability with smart financial planning!



Where Should Your Savings of Tax Go?

  CA Umesh Sharmapro badge    25 February 2025 at 08:28

ow, anyone earning up to ₹12 lakh won't have to pay any tax. This change helps taxpayers save between ₹35,000 to ₹1,10,000 depending on the income level, putting more money in their hands and giving major relief to the middle class.



This Valentine's, Fall in Love with Simpler Tax Laws!

  CA Umesh Sharmapro badge    18 February 2025 at 08:33

The govt has proposed this fresh and straightforward law, one that taxpayers will appreciate-perhaps even fall in love with! Just like a well-crafted Valentine's letter is easy to read and understand, this new Bill aims to win the hearts of taxpayers by bringing clarity, simplicity, and ease to tax compliance.



2 Houses - Tax Issue Simplified in Budget?

  CA Umesh Sharmapro badge    11 February 2025 at 08:41

This budget has brought significant simplification in the tax treatment of house properties, particularly for self-occupied properties. Earlier, if you owned more than one house, certain restrictions were applied regarding how they were taxed, which often resulted in unnecessary tax liability.



Budget 2025 - A New Tax Relief Plan for Individuals

  CA Umesh Sharmapro badge    07 February 2025 at 08:45

This budget brings significant changes aimed at reducing the compliance burden and providing tax relief to individual taxpayers



Budget Preparation: A Step Towards Financial Discipline

  CA Umesh Sharmapro badge    28 January 2025 at 08:36

The Union Budget will be presented soon, and everyone is eagerly waiting for the finance minister's announcements. But why do people place so much importance on the budget? Does it really impact an individual's financial planning?



Important Changes in GST from 16th January 2025

  CA Umesh Sharmapro badge    21 January 2025 at 08:43

The recent GST notifications introduce various changes aimed at streamlining compliance and addressing specific sectors. Let's break down the key important notifications point by point.