Cabinet approved New Income Tax Bill to replace Old tax Law The Union Cabinet has approved a new Income Tax Union Budget Bill to replace the Income Tax Act of… Read More
Practical Aspects of Financial Statements & Audit Reports, including IFC Practical Aspects of Financial Statements & Audit Reports, including CARO & IFC. This covers key areas such as classification of… Read More
πππππ¬π ππ©πππππ¬ π’π§ ππ & ππππ, & HR related Judgement and update π¨ Staying updated on the latest developments in Provident Fund (PF), Employees' State Insurance Corporation (ESIC), and HR-related… Read More
Retrospective Amendment on ITC for Construction Costs Whatβs Changing : A retrospective amendment, effective from July 1, 2017, prevents entitiesβlike commercial real estate companiesβfrom claiming Input Tax Credit (ITC) on… Read More
NPS: Extending Your Tax-Exempt Limit Beyond INR 12,00,000/-. In Budget 2025, Finance Minister Nirmala Sitharaman announced a no-tax limit for salaried individuals earning up to INR 12,00,000/-. However, by combining… Read More
Liberalized Remittance Scheme (LRS) & TCS Changes in Budget 2025 The Union Budget 2025 has introduced key adjustments that affect how Indian residents remit money abroad, particularly benefiting travellers, students,… Read More
Which Regime is More beneficial New/ Old: Budget 2025 The Most Asked Question after Budget 2025 i.e Question: Which Regime is More Beneficial, New or Old ? Answer: If you… Read More
Tax on LTCG for FIIs raised to 12.5%: Budget 2025 This increase in the LTCG tax rate for FIIs from 10% to 12.5% u/s 115AD aligns with the broader push… Read More
Impact on ITR has to be filed by non-residents in the case earning royalty/FTS income key implications of the Section 115A amendment and its impact on ITR filing for non-residents… Read More
Union Budget 2025 key initiatives to support economic growth The Union Budget 2025 has introduced several key initiatives to support economic growth, provide relief to taxpayers, and drive development across… Read More