GoM Proposes to Lower GST Rates for Over 100 Items
GoM proposes to lower GST rates on over 100 items in India. This move is aimed at reducing the tax […]
GST Return Data Archival Alert: Download Today and Avoid Future Headaches
GST returns which are filed are soon going to be removed from the GST portal. Taxpayers won’t be able to
e-DRS u/s 245MA of IT Act for Effective Tax Dispute Management
e-DRS is managed by the Central Board of Direct Taxes and aims to reduce litigation and provide relief to eligible
Section 122A: Penalty for Unregistered Machines from 1 Oct 2024
Section 122A was introduced by the Finance Act, 2024 and will come into effect from 1st October 2024. Purpose Section
Advance Tax Payment: Facts About Advance And Refund Claims
Advance tax payment is a system wherein taxpayers pay a share of their tax liability before the end of the
Direct Tax Vivad Se Vishwas Scheme 2024: Benefits for New Appellants
Direct Tax Vivad Se Vishwas Scheme making it more beneficial for those who join the scheme late as it offers
Securities Transaction Tax: Rate Hikes on F&O w.e.f 1st October 24
Securities Transaction Tax (STT) was introduced in the year 2004 Union Budget and came into effect from 1st Oct 2004.
Section 40A(2)(b): Tax Implications of Related Party Payments
Section 40A(2)(b) of the Income Tax Act means that if a taxpayer makes a payment to a related party, they
PF Withdrawal Limit: Subscribers Can Withdraw Up to Rs 1 Lakh
PF withdrawal limit has been raised from Rs 50,000 to Rs 1,00,000. The announced made by the Union Labour Minister
Appeal Under Income Tax : CBDT’s Revised Thresholds for Faster Resolutions
Appeal is a petition against an order of assessing officer when an assessee is not satisfied with the order of
Form 67: Claiming Tax Relief Under DTAA
Form 67 is a declaration containing Statement of income from a country or specified territory outside India and Foreign Tax
Health Insurance For Senior Citizens: Coverage for Age above 70
Health insurance for senior citizens provides medical coverage to individuals which covers pre- and post-hospitalization expenses, daycare procedures, and sometimes