Public Provident Fund (PPF) is a highly sought-after investment option for building a long-term retirement fund due to its low risk, moderate returns, and added tax benefits
The Mahila Samman Savings Certificate is a new small savings scheme introduced in the Budget 2023, specifically designed for women investors to encourage investments. The scheme is available to girl children or women, and the account can be opened in the Post Office or any authorized bank.
TDS Applicable from April 1, 2023 and Double Penalty for Non-Compliance
The board of the Employees’ Provident Fund Organisation (EPFO) is holding a two-day meeting 27th and 28thmarch 2023 to discuss a range of issues that woul
The Finance Bill 2023 is a bill that includes tax proposals for the fiscal year beginning on April 1, 2023. It was passed by the Lok Sabha, the lower house of the Indian Parliament, on March 24, 2023. The Lok Sabha has passed the Finance Bill 2023 with 64 official amendments.
Invest Up to Rs 30 Lakh in Senior Citizen Savings Scheme Starting April 1, 2023 - Learn About SCSS, Tax Benefits, Withdrawals, and Interest Rates
The Income Tax Department in India monitors high-value cash transactions above a specific limit, and failing to disclose such transactions while filing Income Tax Returns (ITR) can lead to notices from the authorities.
In this article, we will discuss the common reasons why you may receive an Income Tax notice in India and the remedies to avoid or address them.
The Union Budget 2023 proposed to increase the tax collection at source (TCS) for foreign remittances under the liberalised remittance scheme (LRS) from 5% to 20%.
The Finance Act, 2020 has introduced a new tax regime which is now the default regime for Individuals, HUF, AOP (other than co-operatives), BOI & AJP.
Certification Course on GSTR-3B Reconciliation with GSTR-2B through Chat GPT