Articles by Sachin

Recession is Coming: A Financial Tsunami in the US; Citi Raises Concerns

Sachin 11 September 2024 at 08:43

As the possibility of an economic recession in the US looms, global attention is now focused on the upcoming Federal Reserve meeting on September 17 and 18.

GST Council Nears Decision on Cutting Taxes for Insurance Premiums; Final Call Expected in Next Meeting

Sachin 10 September 2024 at 08:37

The GST Council is considering reducing the GST on life, health, and reinsurance premiums, currently at 18%.

Good News for Taxpayers: CBDT Launches Online Mechanism to Resolve Income Tax Disputes

Sachin 07 September 2024 at 08:37

Taxpayers, rejoice! The Central Board of Direct Taxes (CBDT) has unveiled a game-changing initiative that will bring much-needed relief to millions of taxpayers.

Tax Trends Among India's Top Celebrities: Shah Rukh Khan Leads, Akshay Kumar Absent from 2024 List

Sachin 06 September 2024 at 08:42

To make the information more appealing to Chartered Accountants (CAs) and finance professionals, the focus should be on tax trends, financial insights and the significance of high tax payments by celebrities. Here's how the key points can be tailored to engage them

No Income Tax Rebate u/s 87A Despite Income Below Rs 7 Lakh: Key Scenarios Explained

Sachin 04 September 2024 at 08:37

Here's a point-to-point summary of the article about cases where no income tax rebate under Section 87A is allowed, even if the total income is below Rs 7 lakh

Towards a Modern Tax System: The Need for a New Income-Tax Act in India

Sachin 31 August 2024 at 08:35

In her budget speech in July 2024, Finance Minister Nirmala Sitharaman announced a comprehensive review of the Income-Tax Act. The review is expected to be completed before the next Budget, aiming to reduce compliance burdens and improve clarity for taxpayers.