Taxpayers in India must file their income tax returns (ITR) by July 31st each year, unless an extension is
Gambling can be a thrilling pastime, but when it comes to the winnings, understanding the tax implications is crucial. In Canada, the rules surrounding gambling tax are nuanced and can be confusing....
Exploring tax havens - tropical hideaways where cash dodges taxes. With minor regulations, low taxes, and security, these areas allure businesses. But, what's their Indian economic impact? Let's find...
The Companies Act 2013 is an important law in India. It governs how companies operate, form, and end. This act replaced the previous Companies Act 1956. It has more rules and they are
This article provides an overview of the roles of a Company Secretary and the qualifications necessary for the
A Comprehensive Guide to Understanding the Powers and Duties of a
What is Discard ITR option?, How To Discard ITR? The new 'Discard Return' option from the I-T Department simplifies tax filing, by enabling the deletion of unverified returns before
Not filing your income tax returns can lead to big problems. Learn about your last chance to avoid getting in trouble and facing hefty penalties for not filing your
In this situation, the Income Tax Department will send an intimation under Section 143 (1) of the Income Tax Act and ask you to make a rectification or apply for refunds. An intimation u/s 143 (1)...
This comprehensive guide will help you decipher the different types of ITR forms for the Financial Year (FY) 2023-24 (Assessment Year
Income Tax Slabs for Senior and Super Senior Citizens FY 2024-25 (New and Old Tax Regimes). Also, Know Benefits, Calculation, Tax Filing and
As the highest tax paying state in India, Maharashtra, alongside Uttar Pradesh, Tamil Nadu, and Gujarat, significantly contributes to the nation's financial health, jointly shouldering over 70% of...
Navigating the Limitations of Tax
In this blog post, we will look closely at the GST rates applicable to event management services in India and how these impact businesses in the
A Complete Guide to Ensure Maximum
Input Tax Credit refers to claiming credit for the GST paid on the purchase of goods or services, such as travel expenses, that are used to advance the
A corpus fund is an investment pool where multiple investments are managed collectively by a team of professionals. These investments, referred to as the corpus, offer investors a diversified...
Income Tax Department Launches Online Feature to Resolve ITR Mismatches: A Step towards Seamless Tax
EPF, administered by EPFO under India's Ministry of Labour, provides financial stability for workers in old age. This guide explores EPF's provisions, welfare programs, payment details, and...