Through this write up changes in domestic taxation will be articulated keeping in mind the Supreme Court judgment's impact in the Income –Tax Act(''ACT") and Income tax Rules(''Rules").
In this article, we will take a closer look at the UPI payment facility for international travellers visiting India, including who can avail of the facility, where it will be available, how it will work, and what the RBI had proposed in its Statement on Developmental and Regulatory Policies dated February 8, 2023.
A charitable trust derived its income from the business of providing mineral water to various companies situated in Software Technology Park in Hyderabad. A sum of Rs. 30 Lakhs has been derived as income from such business activity, which has been applied for the purpose of "General Public Utility".
For the best of human relationship accept the people as they are
Your CIBIL score is a measure of your creditworthiness and it plays a crucial role in determining your ability to get credit in the future.
Saving is an essential part of our life which must be learned by youngsters because this is the time when our requirement list is huge but after purchasing everything, we lose our money and feel nothing.
A quick review (Limited Information) of the applicable provisions under the Income Tax Act, 1961 for the F. Y. 2023-24 (A. Y. 2024-25), after incorporating amendments (only key and selective amendments) proposed by the Union Budget of 2023, are given below for ready reference and information.
An LLP can continue to exist despite changes in the partners. It is capable of entering into contracts and holding property in its own name. It can sue or be sued in its own name. LLP annual compliance standards are significantly less strict.
Here are 9 options that you don't want to miss out on tax savings
GST Council Meeting held on 18th February 2023 recommended various GST amnesty schemes and certain changes in tax rates along with rationalization in Late Fees for Annual return were also proposed.