CAclubindia Articles


Applicability of POSH Act on Private Limited Companies: A Comprehensive Guide

  CS Divesh Goyal    11 February 2025 at 10:00

This article delineates the applicability, compliance obligations, penalties, best practices, and requisite formats to assist Private Limited Companies in maintaining 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.



Unclarity in the Proposed Amendment to Section 12AB in Budget 2025

  CA Aman Rajput    11 February 2025 at 08:41

Budget, 2025 proposed extending the validity of trust and institution registrations as per section 12AB from 5 years to 10 years. However, doubts are arising regarding its applicability across different categories of trusts and institutions.



Income Tax Returns: A Crucial Statutory Document for Compensation Calculation

  FCS Deepak Pratap Singh    11 February 2025 at 08:41

The ITR (Income Tax Return), which is a statutory document, is required to be considered for the purpose of assessing the income of the deceased, which is inclusive of perquisites and allowances, in the light of judgment rendered by Hon'ble Apex Court in the case of Meenakshi v. Oriental Insurance Co. Ltd.



Due Date Calendar February 2025

  CS Divesh Goyal    10 February 2025 at 09:37

Due Date Calendar for the m/o February 2025



Old vs. New Tax Regime: Which One is Better for You After Budget 2025?

  FCS Deepak Pratap Singh    10 February 2025 at 08:47

The Union Budget 2025 has brought cheers on the face of the middle class and crores of people. Because you need not pay any tax if you are earning an aggregate of Rs. 12 Lakhs or less during financial year on fulfillment of some terms and conditions.



Income Tax Exemption 2025 for Salaried Individuals: How to Maximize Your Savings

  Ishita Ramanipro badge    10 February 2025 at 08:47

Income tax exemption is a treasured tool for salaried individuals to lessen their taxable profits and maximize savings. The Income Tax Exemption 2025 provisions provide diverse deductions and exemptions designed to ease the tax burden on taxpayers.



From Parliament House to Fort

  Affluence Advisory    10 February 2025 at 08:47

The Government Budget was fiscally prudent and has not deviated from fiscal consolidation and its target. This budget has been cheered by tax-paying individuals, but the markets have given it a neutral view.



RBI Cuts Repo Rate by 25 bps to 6.25%: Implications for the Economy

  CA Aman Rajput    08 February 2025 at 08:50

The Reserve Bank of India have announced a 25 basis points cut in the repo rate, bringing it down to 6.25% from 6.5%, this even resulted a fall in stock market...



LLP vs Pvt. Ltd: Registration Process and Compliance Comparison

  Ishita Ramanipro badge    08 February 2025 at 08:49

Choosing between a Limited Liability Partnership (LLP) and a Private Limited (Pvt Ltd) Company is critical for entrepreneurs.