Insights

ITR Filing FY 2024-25 (AY 2025-26): Extended deadline is 15-09-2025 The Income Tax Return (ITR) filing season for Financial Year ...

Are you ready to dive into the exciting world of the Indian share market but feeling a bit overwhelmed? You're ...

In the bustling corridors of corporate life and across various organizations, a peculiar mantra has taken root: "Boost your EQ!" ...

Aspiring candidates for the Haryana Civil Services (HCS) Mains Examination, particularly those opting for Commerce and Accountancy as their main ...

ITR Filing Guide FY 2024-25: Avoid Tax Scrutiny for Salaried Individuals | [Your Website Name] Navigate Tax Season Smoothly: Your ...

Complete TDS Rate Chart for Resident Indians FY 2025-26 (AY 2026-27) TDS Rate Chart for Resident Indians FY 2025-26 (AY ...

The United Progressive Alliance (UPA) central government, led by Prime Minister Manmohan Singh from 2004 to 2014, marked a decade ...

The Bharatiya Janata Party (BJP) central government, in power since 2014 under Prime Minister Shri Narendra Modi, has undertaken numerous ...

The Haryana Public Service Commission (HPSC) conducts the highly competitive Haryana Civil Services (HCS) exam to recruit dynamic individuals for ...

Introduction India, a nation with a rich cultural heritage and a vibrant democracy, is grappling with the pervasive issue of ...

The Reverse Charge Mechanism (RCM) under the Goods and Services Tax (GST) system shifts the responsibility to pay tax from ...

Below is the complete list of Income Tax Return (ITR) forms applicable for filing returns for the Financial Year 2024-25 ...

If you're a salaried employee living in rented accommodation, you may be eligible for a substantial tax benefit through the ...

Looking for the latest TCS rates in India for FY 2025-26? Here's the complete and updated list of Tax Collected ...

Here is the summary of some important exemptions & deductions under New Tax Regime for Fy 2024-25:- ParticularsOld Tax RegimeNew ...

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Introduction Underreporting property values during registration is a pervasive issue in India, causing significant revenue losses for the government. This ...

In today's dynamic and competitive business environment, the distinction between operational effectiveness and strategy is crucial for sustainable success. While ...

What is Monetary Policy? What are goals of Monetary policy and how these goals are achieved? Monetary policy refers to ...

As we know that W.e.f FY 2020-21 i.e. budget 2020, two options of slab rate are available for Individual & ...

A complete list of TDS (tax deducted at source) rates along with related transactions and budget proposals for the financial ...

A complete list of TCS (tax collected at source) rates along with related transactions and budget proposals for the financial ...

Due Dates of Income tax as applicable for FY 2024-25 (AY 2025-26) (A) Due date for filing Income tax Return ...

Settlement Cycles In the context of the equity market, "settlement" refers to the process of transferring securities and funds between ...

RBI Policy Rates as updated by resolutions of Monetary Policy Committee dt. 05 to 07.06.2024 (download) With the help of ...

Other Comprehensive Income (OCI) refers to revenues, expenses, gains, and losses that are not included in net income on the ...

In the financial and accounting world, terms like depreciation, amortization, impairment, and depletion often come into play, especially when assessing ...

Financial year 2023-24 is reaching its end in a few days. 31st March is an important deadline with reference to ...

Solar flares stand as one of the Sun's most mesmerizing and formidable phenomena, capable of unleashing vast amounts of energy ...

The story of transportation technology is the story of human progress. From the earliest wheels to the potential of light-speed ...

In today's interconnected world, wireless technologies play a pivotal role in facilitating seamless communication between devices, enhancing our experience of ...

In the ever-evolving landscape of technology, communication systems have seen significant advancements, reshaping how we connect, interact, and share information ...

An interim budget is presented instead of a full budget in certain years due to the timing of general elections ...

In an election year in India, the budget and economic survey presentation follow a different approach compared to a non-election ...

1. Finding the Present value of a sum of money receivable in the future. The present value (PV) of an ...

Economic forecasting involves the use of various methods and techniques to predict future economic trends, indicators, and outcomes. These methods ...

The Capital Asset Pricing Model (CAPM) is a widely used financial model that helps investors and analysts understand the relationship ...

Technical analysis involves studying past market data, mainly price and volume, to predict future price movements. Various tools and techniques ...

The relationship between interest rates and inflation is complex and multifaceted, and it's often discussed in the context of monetary ...

1. Finding the future value of a one-time investment. The future value (FV) of an investment or cash flow represents ...

Calculating the intrinsic value of a share of a company involves estimating the value of that share based on fundamental ...

1. Computer Software Computer Software is a sort of program that allows clients to work on different assignments on their ...

Many people filing income tax return for the financial year 2022-23 and worried about tax regime. Please note that- New ...

What is EPS-95? section 6A(1) of THE EMPLOYEES’ PROVIDENT FUNDS AND MISCELLANEOUS PROVISIONS ACT, 1952 provides that- The Central Government ...

Due Dates of Income tax as applicable for FY 2023-24 (AY 2024-25) (A) Due date for filing Income tax Return ...

The following changes in TCS-related provisions were amended by Finance ACT 2023:- 1. Section 206C(1G) – Change in TCS rate ...

As we know that W.e.f FY 2020-21 i.e. budget 2020, two options of slab rate are available for Individual & ...

The following changes in TDS-related provisions were amended/inserted by Finance ACT 2023:- 1. Introduction of section 194BA: TDS provision for ...

ON 1st February 2023, Finance Minister of India presented Union budget 2023 . The Finance bill is the part of ...

In Budget 2023, some amendments are proposed for the new tax regime which was introduced in budget 2020 as an ...

Financial year 2022-23 is reaching its end in a few weeks. 31st March is an important deadline with reference to ...

Gold is the most secure investment in times of crisis due to its features like global acceptance, liquidity, prestige, demand, ...

Profit is the ultimate motive of the person involved in any business. The share market is seen as an ocean ...

What are the basic requirements for starting with the share market? An Investor is a person, who is having some ...

In the share market, most crucial question is, which stock to buy? Different types of retail investors, try to find ...

In Fundamental Analysis, we need to check the accounts of the company to analyse its financial health. In fact, Fundamental ...

In the fundamental Analysis of stock, we need to check the financial health of the company for determining the intrinsic ...

Nutrients are such a chemical formation contained in a food that is essential for our body to survive, grow and ...

As we know we are the second largest populated country in the world but in a country of more than ...

(A) Income tax Rates for Individual & HUF (who opted for new tax regime u/s 115BAC) As we know that ...

Generally when any person (Individual, HUF, AOP, BOI, AJP, Firm, Company or trust etc.) earn any income, then some part ...

Do you know what is the due date for payment of Income tax for a financial year. ? With the ...

Due Dates of Income tax as applicable for FY 2022-23 (AY 2022-23) (A) Due date for filing Income tax Return ...

Budget 2022 was presented on1st February 2022 with historic least number of changes in Income tax. A complete list of ...

Budget 2022 was presented on1st February 2022 with historic least number of changes in Income tax. A complete list of ...

Today, i.e. 1st February 2022, Finance Minister of India presented Union budget 2022 . The Finance bill is the part ...

Applicability of 194Q A new section 194Q was inserted by Finance Act 2021 for deducting tax at source. This section ...

Financial System A “Financial System” is a set of interrelated activities working together to achieve some pre-determined goal. It includes- ...

There is many terms like Balance of payment, Balance of Trade, Current A/c Deficit, Capital account deficit, trade deficit, forex ...

Every person wants to make the best decision but every person may have a different risk attitude and our risk ...

Investment is a good habit to make our future more independent. Keeping some part of our money to get more ...

Insights of Indian Economy before hit by COVID-19 ParametersValueRemarksArea 3,287,263 sq kmArea of india within 15200 km of land frontier ...

25th August is Last date to apply for November 2020 Examination of ICAI (Institute of Chartered Accountants of India) As ...

How a Package of Rs. 20 Lakh Crores going to make India - Atmanirbhar Bharat: First Phase-13th may 2020 We ...

Coronavirus (COVID-19): How much harmful is corona for world economy? What should we do? What should investors do in this ...

Current position of Indian Economy w.r.t. Economic Survey of India for FY 2019-20 (presented in Parliament on 31-01-2020) Economic Survey ...

CBDT has released parameters for manual selection of Income Tax Returns for Complete Income Tax Scrutiny during financial year 2018-19 ...

On 17th August 2018, CBDT issued order under section 119 of Income Tax Act 1961 that reporting under clause 30C ...

In a new record, Income Tax worth Rs 10.03 lakh crore was collected during 2017-18, the Central Board of Direct ...

Tax Audit under section 44AB was introduced by Finance Act 1984, w.e.f. 1st April 1985 (A. Y. 1985-86). The main ...

Current market share of public sector banks is 70% which is reducing very rapidly i.e. approximately 4% a year. After ...

After recent scam of 12646 crores in PNB done through fraudulent issuance of letter of undertaking (LOU) , RBI have ...

Belated or revised income tax return for the financial year 15-16 or 16 17 can be filed up to 31st ...

More than 120 crore residents have already been enrolled with Aadhaar and with such a large data Aadhaar data is ...

Business of E-wallet companies are affected by RBI guidelines for mandatory KYC in E-wallet. Last date for updation of KYC ...

Under GST regime, an e-waybill needs to be generated and carried for movement of goods above rupees 50000. Previously on ...

Some Updates about PNB fraud case of Rs. Rs.12700 crore:- Axis Bank's MD, Shikha Sharma and ICICI Bank's MD Chanda ...

To manage additional demand of liquidity, RBI decided to Infuse Rupees 1 lakh crore in the banking system through special ...

The Cabinet today cleared Fugitive Economic Offenders Bill which targets big defaulters involved in economic crime of over Rs. 100 ...

Today on 1st March 2018, The Cabinet approved setting up of the National Financial Reporting Authority (NFRA), which will be ...

Today on 1st march 2018, SBI increased the one-year MCLR by 20 basis points (bps) from 7.95% to 8.15%. And ...

RBI announced Priority Sector Lending Targets for FY 2018-19 for Foreign Banks with 20 or more Branches in notification dated ...

Today on 28-2-2018, State Bank of India (SBI) increased retail deposit rates by 10 to 50 basis points across various ...

RBI revised limit of "exchange traded currency derivatives" without having to establish underlying exposure for resident in India and FPI.Currently, ...

Update KYC in E-wallet as deadline is very close. As per RBI guidelines issued in October 2017 as revised, E-wallet ...

On 24-02-2018, in the meeting of GoM (Group of Ministers), it is decided to start the inter-state movement of goods ...

Good News for customers of NBFC like Bajaj Financial Services Limited, LIC Housing Finance, PNB housing finance, Indiabulls group, Muthoot ...

In view of large divergences observed in asset classification and provisioning in the credit portfolio of banks as well as ...

On 15-02-2018, Government issued a notification to require all postal Life Insurance holder to provide their Aadhaar detail.The notification also ...

On 12th Feb 2018, RBI issued a revised framework for the resolution of stressed assets providing for early identification & ...

Every investor wants to create huge wealth by taking the best investment decisions. But sometimes decisions taken to create wealth ...

To facilitate easy inter-state movement of goods throughout the country, National E-way bill was made compulsory w.e.f. 01-02-2018 for consignment ...

As proposed in budget 2018, w.e.f. 01-04-2018 Long term capital gains (from equity or units of MF) exceeding Rs. 1 ...

Indian Accounting Standards (IND-AS): Whether applicable to your company or not? After a long converging process of Accounting standards(AS) and ...

Universal Basic Income (UBI): A substitute of social welfare schemes to reduce poverty What is concept of Universal Basic Income ...

Payment Banks: Revolutionising the Banking Sector In September 2013, the Reserve Bank of India constituted a committee headed by Dr ...

Secret Informer of Tax Department and Annual Information Return (AIR): To curb black money, government need secret informer and to ...

UPI: Unified Payment Interface - A step of India towards Cashless Economy RBI Governor, Sh. Raghuram Rajan (born 3 February ...

Income tax Return AY 2016-17 Q 1. What are the modes of filing return of income? Return of income can ...

Payment of Bonus Act, 1965 In India, Payment of bonus is governed by "Payment of Bonus Act, 1965" as amended ...

Cabinet approves Implementation of the recommendations of 7th Central Pay Commission The Union Cabinet chaired by the Prime Minister Shri ...

Accounting code for payment of KKC notified by CBEC The CBEC vide Circular No. 194/04/2016-ST dt. 26 May 2016 has ...

History of Service Tax Rates History of Service Tax Rates since 01-07-1994 till date... From TO Rate EC on ST ...

Provident Fund in India, Its Taxability and TDS on Provident Fund What is the Provident Fund(PF)? Provident Fund is a ...

Necessary skills for your child to build career in 21st Century In the Twenty first century, Students need to develop ...

Krishi Kalyan Cess (KKC) @ 0.5% introduced (from 1st June 2016) It is the time to face new cess named ...

Minimum Wages Rate in India Vs. USA Below is some short analysis of comparison of minimum wages rates in India ...

Money is the Best Motivator Just ask yourself what keeps you motivated. After reading this post you can say that ...

What is difference between Pledge, Mortgage and Hypothecation I have received some queries asking the difference between Pledge, Mortgage and ...

India-Mauritius Tax treaty revised to curb Black Money On date 11-05-2016, India getting Mauritius to sign a revised India-Mauritius tax ...

Things That Should Be Taught In Every School Be honest and review our education system, you will find a messed ...

Digital Signature Certificate can be obtained from any of the Certification Agency: What is a Digital Signature Certificate (DSC)? The ...

Basics of Letter of Credit(LC)/Documentary Credit What is Letter of Credit? How does it work? What are different Types of ...