CAclubindia Articles

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

Posted by CA Aman Rajput 08 February 2025 300 Views

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

Posted by Ishita Ramani 08 February 2025 332 Views

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

FAQs on Principal Purpose Test (PPT) and Recent Clarifications by CBDT

Posted by CA Rohit Sonar 08 February 2025 337 Views

The Principal Purpose Test (PPT) is a provision under the Multilateral Instrument (MLI) to prevent treaty abuse and aggressive tax planning practices. It aims to ensure that treaty benefits are granted only when the principal purpose of a transaction or arrangement is genuine and not merely to obtain treaty benefits.

What is Book Identification Number in TDS?

Posted by CA Aman Rajput 08 February 2025 189 Views

The Book Identification Number, also called BIN, is a unique reference number generated by the Pay & Accounts Office, District Treasury Office, or Cheque Drawing & Disbursing Officer when filing Form 24G, which is used by government deductors for depositing TDS/TCS to track Tax Deducted at Source and Tax Collected at Source payments made by government offices without the challans.

Income Tax Calculator for FY 2025-26

Posted by Benny Thadathil 07 February 2025 5913 Views

A major change introduced in the Finance Bill 2025 is restructuring the New Income Tax regime to provide more take-home to salaried employees and encourage them to spend or invest further

An Overview of Real Estate (Regulation and Development) Act (RERA), 2016

Posted by CA.Sangam Aggarwal 07 February 2025 1720 Views

An Overview of Real Estate (Regulation and Development) Act (RERA), 2016IntroductionIn today’s world, every person purchase immovable property from Real

Budget 2025 - A New Tax Relief Plan for Individuals

Posted by CA Umesh Sharma 07 February 2025 921 Views

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

Union Budget 2025-2026: Glimpses

Posted by Vishal Punchhi 07 February 2025 370 Views

he budget introduces significant reforms, including the removal of income tax liability (under the new regime) for individuals earning up to INR 1.2 million annually, excluding special income.

Partnership Firm Registration Process Simplified

Posted by Affluence Advisory 06 February 2025 954 Views

A partnership firm is a business structure created by two or more individuals who mutually agree to share the profits and losses of a business operated by all or any of them on behalf of the others.