Key Highlights of the Proposal 5% remittance tax under President Donald Trump’s The proposed 5% remittance tax under President Donald Trump’s “The One, Big, Beautiful Bill” is a significant development… Read More
Don’t rush to file your ITR Don’t rush to file your ITR" highlights the risks of filing your Income Tax Return (ITR) too early, especially before Form 26AS and AIS… Read More
5 key changes in income tax return forms for FY 2024–25 (AY 2025–26): Wider Eligibility for ITR-1 and ITR-4 What's new: Taxpayers having Long-Term Capital Gains (LTCG) from listed equity… Read More
New CAG Policy of Empanelment of CA Firms/LLPs and Selection of Auditors for Financial Year 2023-24 Introduction In India, Chartered Accountant firms and Limited Liability Partnerships with at least one… Read More
Union Budget 2025-26: Major area of points impacted on NGO section Section 12AB Reforms: Simplification of : The Budget 2025 proposal to extend the registration validity period for smaller charitable… Read More
Main ITR Form Changes for AY 2025–26 as compared to AY 2024–25 Tax filing isn’t just about submitting figures, it's about understanding context and reporting accurately. Each year, even small updates can significantly… Read More
The Landmark High Court ruling on gratuity rules is a major progressive step in labor welfare The landmark High Court ruling on gratuity rules is a major progressive step in… Read More
SC Allows NFRA to Continue Disciplinary Proceedings Against CAs & Audit Firms Honrable Supreme Court of India has permitted the NFRA to continue regulatory and disciplinary proceedings against chartered accountants,… Read More
List of Documents required for filing your income tax return in India Commonly required documents for filing your income tax return in India, depending on your income sources and applicable… Read More
CBDT Announces 1% TCS on Luxury Goods Above INR 10 Lakh CBDT has notified that a 1% Tax Collected at Source (TCS) will now apply on sale of few prescribed… Read More