Taxation

Tax Audit Requirement in India for FY 2024-25 (AY 2025-26) 📘 Tax Audit Requirement in India for FY 2024-25 (AY ...

India's Major GST Overhaul: A Comprehensive Guide to the 2025 Tax Changes GST Overhaul: A Comprehensive Guide to India's New ...

Finance Act 2025: Your Ultimate Guide to All Income Tax Changes Finance Act 2025: Your Ultimate Guide to All Income ...

House Property Taxation FY 2024-25: Old vs New Tax Regime, Deductions, Recent Changes – India Taxability of Income from House ...

India Capital Gains Tax FY 2024-25: New Rules, Rates & Historic Changes Explained India's Capital Gains Tax for FY 2024-25: ...

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

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 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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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 ...

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

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 ...

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

Basics of GST Registration Every supplier whose annual aggregate turnover in the current financial year exceeds the threshold limits (as ...

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 ...

(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 ...

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

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

Financial year 2021-22 is reaching its end in a few weeks. 31st March is an important deadline with reference to ...

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

Normal TCS rate for financial year 2020-21 were changed w.e.f 14th may 2020 by reducing normal rates by 25%. But ...

Financial year 2020-21 is reaching to its ends in few days. 31st March is an important deadline with reference to ...

Reduced TDS rate which were changed w.e.f 14th may 2020 by reducing normal TDS rates by 25%, were applicable only ...

Due Dates of Income tax as applicable for FY 2021-22 (AY 2022-23) (A) Due date for filing Income tax Return ...

GST Returns and their Due dates Due date for filing of GST return and Default due date for payment of ...

The Finance Minister, Nirmala Sitharaman presented her third Union budget 2021 in Parliament today i.e. 01-02-2021. Following are important proposals ...

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

Normal TCS rate for financial year 2020-21 were changed w.e.f 14th may 2020 by reducing normal rates by 25%. But ...

Normal TDS rate for financial year 2020-21 were changed w.e.f 14th may 2020 by reducing normal TDS rates by 25% ...

(A) Income tax Rates for Individual & HUF, AOP, BOI & AJP New Income tax slab rate for individual & ...

Due Dates of Income tax as applicable for FY 2020-21 (AY 2021-22) (A) Due date for filing Income tax Return ...

GST important Due dates for Financial year 2020-21 (A) Default Due date for filing of GST return and Default due ...

Last date for filing ITR for FY 2019-20 extended to 10th January 2021 As per official notification dated 30th December ...

31st March 2020 was last date to file your Income tax return for FY 2018-19 which is now extended to ...

39th Meeting of GST council held in New Delhi today. Some of highlights are given below:-. It was decided to ...

GST important Due dates for Financial year 2019-20 (A) Default Due date for filing of GST return and Default due ...

Important Highlights & Tax Proposals of Finance Budget 2020-21 The Finance Minister, Nirmala Sitharaman presented his second Union budget 2020 ...

Have you done financial planning for 2019-20 before the deadline 31st March 2020/30th July 2020/30th September 2020 - Check out ...

Rates of Income tax for Financial year 2019-20 i.e. Assessment year 2020-21 (A) Income tax Rates for Individual, HUF, AOP ...

Due Dates of Income tax as applicable for FY 2019-20 (AY 2020-21) (A) Due date for filing Income tax Return ...

TDS is introduced in GST w.e.f. 01.10.2018: All about TDS in GST Law GST Law mandates Tax Deduction at Source ...

CBDT further extends due dt for filing of IT Returns & audit reports from 15th Oct,2018 to 31st Oct, 2018 for all ...

In view of disruption caused due to severe flood in Kerala, CBDT extended due date for ITR from 31st August ...

All about Reverse charge Mechanism In GST. What is Reverse Charge Normally Supplier of goods or services is liable to ...

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

As per GST Portal, Last date of filing GSTR-3B for the month of July, 2018 has been extended to 24th Aug, 2018. Official Order is ...

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 ...

Due dates for filing GSTR 1 for all months from July 2018 till March 2019 has been extended to 11th ...

Summary of GST meeting 4th August 2018: 1. GOM for MSME Issues: a. GST Council constitutes a Group of Ministers ...

The GST Council in its 28th GST Council Meeting held on July 21, 2018 under the Chairmanship of Shri Piyush Goyal, ...

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

Most of Salaried Employees are involved in derivative trading (trading in future and options or F&O on stocks, currencies, and ...

Rates of Income tax for Financial year 2018-19 i.e. Assessment year 2019-20(A) Income tax Rates for Individual, HUF, AOP & ...

The finance ministry in a tweet has announced the extension of income tax return filing deadline by a month to ...

28st GST Council meeting held on 21st July 2018 and we are presenting here the key decisions taken in this ...

28th GST Council meet on Saturday i.e. 21st July 2018: Return simplification, law tweaks, setting up of tribunal on table ...

Due Dates of Income tax as applicable for FY 2018-19 (AY 2019-20) (A) Due date for filing Income tax Return ...

Due Dates of Income tax as applicable for FY 2017-18 (AY 2018-19) (A) Due date for filing Income tax Return ...

Rates of Income tax for Financial year 2016-17 i.e. Assessment year 2017-18 (A) Income tax Rates for Individual, HUF, AOP ...

Rates for Tax Collection at Source (TCS) (FY 2017-18 & AY 2018-19) Following given are the rates at which tax ...

Rates for Tax Deducted at Source (TDS) (FY 2017-18 & AY 2018-19) Following given are the rates at which tax ...

Rates of Income tax for Financial year 2017-18 i.e. Assessment year 2018-19 (A) Income tax Rates for Individual, HUF, AOP ...

GST important Due dates for Financial year 2018-19 (A) Due date for payment of GST (From 01-04-2018 to 31-03-2019) Taxpayer ...

Section 9 (4) of the Central Goods and Services Tax, 2017 (CGST Act in short) and Section 5(4) of Integrated ...

Financial year 2017-18 is reaching to its ends in few weeks. 31st March is an important deadline with reference to ...

What is Job Work? Any treatment or process undertaken by a person on goods belonging to another registered person is ...

What is E-Way Bill? E-way bill is an electronic document generated online from E-way bill portal (https://ewaybillgst.gov.in/) which is required ...

Important GST updates vide recent GST notifications dt. 28th March 2018: Due date for filing GSTR-6 for the period of ...

GST important Due dates for Financial year 2017-18 (A) Due date for payment of GST (From 01-07-2017 to 31-03-2018) Taxpayer ...

26th Meeting of GST council held today i.e 10th March 2018 in New Delhi under chairmanship of Sh. Arun jaitley ...

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

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

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

31st march 2018 is the last date for filing belated income tax return for FY 2015-16 if you have not ...

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

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 ...

Important Highlights & Tax Proposals of Finance Budget 2018-19 The Finance Minister, Sh. Arun Jaitley presented his fifth Union budget ...

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

Composition Scheme in GST: Updated with 23rd meeting of GST Council Composition Scheme is introduced to give relief to small taxpayer ...

23rd GST Council meet held on 10th November 2017 in Guwahati. This 23rd meeting came up with new decisions to ease ...

Due Date for Filing GST Return and making payment of GST We have received many queries regarding GST Return and ...

Works Contract in GST Regime As we all know, GST is going to be implemented w.e.f 01-07-2017, We have already ...

GST Concepts/Basic Features of GST GST Law as going to be implemented in India w.e.f 01.07.2017, have following features:- State-wise ...

Critical Analysis of Benefits of GST Government is advertising benefits of GST since few months. Here in this blog we ...

Making of GST Law in india As we all are aware that Government has decided to implement GST w.e.f 1st ...

Proposed Changes in Income Tax in Union Budget 2017 In the Budget Speech, Finance Minister, Mr. Arun Jaitley proposed following ...

Key Highlights of Union Budget 2017-18 Today on Date 1st February 2017, Finance Minister, Mr. Arun Jaitley presented Union Budget ...

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

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

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

Things to know about Goods and Service Tax(GST) On June 14, 2016 the Finance Ministry has released the 'Model GST ...

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 ...

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

We have received many queries regarding Calculation of Service tax on Works Contract Service. Here in this blog, a short ...