Crypto F&O in India: Must Know About - How to Report in ITR? As Indian investors dive into crypto derivatives, few pause to consider the tax implications. Unlike spot trading,… Read More
Made a Political Donation? Income Tax Dept Tightens Scrutiny Many taxpayers who claimed deductions under Section 80GGC (political donations) are now receiving income tax notices. Section 80GGC allows individuals to… Read More
Common Issues on Monitoring & Peer Review for Insolvency Professionals (IPs) Monitoring and peer review are key tools adopted by the Insolvency and Bankruptcy Board of India and Insolvency Professional… Read More
How to Surrender Your PAN Card A person should hold only one PAN (Permanent Account Number) under the Income Tax Act. If you have been inadvertently allotted more than one… Read More
Next-Gen GST Reform : Ease of Living & Aatmanirbhar Bharat The Government of India has rolled out the Simplified GST Registration Scheme, GST refund marking a next-generation reform to strengthen… Read More
Filing ITR & Claiming TDS Refund for a Deceased Parent Obtain Proof That You Are the Legal Heir Apply through the local tehsildar / municipal corporation office for a legal… Read More
Central Board of Direct Taxes have indeed raised the exemption threshold for undisclosed foreign assets Following this legislative change, the Central Board of Direct Taxes has amended its internal instruction… Read More
Section 7 Vs Section 9 IBC – Key Differences Every Creditor Must Know The Insolvency and Bankruptcy Code, 2016 has revolutionized the debt recovery landscape in India. Among its provisions,… Read More
Old vs New Tax Regime: Evaluate each year before choosing. With ITR filing season around the corner, here’s the biggest question for every salaried individual. Should I opt for the… Read More
Personal Income Tax Collection Surpasses Corporate Tax for the First Time For the first time in India’s history, personal income tax collections have surpassed corporate tax collections, marking a major… Read More