IFSCA's Third-Party Fund Management Framework allows global fund managers to operate in GIFT City without setting up new entities, boosting India’s financial hub status.
Cash transactions over Rs 20,000 for loans, deposits or specified sums may add 100% penalties to you - Use bank transfers or cheques for compliance.
A new era for India's economy begins in October 2025, with landmark reforms offering greater financial flexibility, stronger consumer safeguards, and modernized...
08 October 2025
751 Views
Reminder from MCA: LLPs and Nidhi companies must file Form LLP-8 and Form NDH-3 to stay compliant and avoid penalties.
The new Income Tax Act, 2025, effective from April 1, 2026, replaces the six-decade-old Income Tax Act, 1961, with simplified provisions, reduced sections, and clearer tax rules. Key highlights include new tax slabs, higher deductions, elimination of notional rent, rationalised TDS/TCS, clear taxation on virtual digital assets and a focus on digital compliance.
08 October 2025
620 Views
Confused between the Old and New Tax Regimes under the Income Tax Act 2025? This complete guide explains key differences, tax slabs, deductions, and benefits for FY 2025-26, helping you choose the regime that maximises your tax savings with ease.
India's Bonus Act needs reform. With India's growth, it's time to raise the 8.33-20% bonus limit and restructure salaries to match global living standards.
Stay updated with the latest GST changes! Learn from Arjuna and Krishna’s conversation about key updates on post-sales discounts, invoice-wise TDS reporting in GSTR-7, filing restrictions on old returns, and the new online process for filing appeals before the GST Appellate Tribunal (GSTAT).
Updated after the 56th GST Council Meeting (Effective 22 Sept 2025) - All TVs, including LED and Smart TVs of every size, will now attract a uniform 18% GST rate.
06 October 2025
2296 Views
GST 2.0 reforms, effective from October 1, 2025, introduce major filing changes following the 56th GST Council meeting - Manual GSTR-2B generation, 180-day ITC limit, mandatory ISD registration, time-bar on old returns and a new five-slab tax rate structure.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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