CA Final/Inter Fast track classes available for May 20 attempt. Call: 1800-3000-0505

Articles by Veronika Desai

View Full Profile

2020 Guide To Cryptocurrency Taxes

Posted in Taxpayers  1 comments |   2415 Views

After adopting the Insolvency and Bankruptcy Code, 2016 (IBC), India overhauled the insolvency and bankruptcy law. The IBC is a landmark statute and a transformation through India's insolvency regime.

Posted in LAW  4 comments |   900 Views

Exempted Incomes in the new tax regime

  Veronika Desai    12 February 2020 at 10:21

A new tax law would require a single taxpayer to ignore 70 tax exemptions and deductions. These include the following deductions: section 80C for cumulative Rs 1.5 lakh reported by expenditure in specified financial products, section 80D for health insurance premiums charged, the 80TTA excluded from interest on savings deposits from a bank or post office, etc.

Posted in Income Tax  2 comments |   10064 Views

As finance minister Nirmala Sitharaman prepares to present her second budget �this one comes amid projections of growth slowing to 4.8 percent in fiscal terms by the International Monetary Fund there are five ways she can help to stimulate the economy

Posted in Union Budget |   631 Views

Union Budget 2020 needs to launch about proposed measures to make insurance policies higher affordable and consumer-friendly, insurance companies have requested. According to the Indian Insurance Regulatory and Development Authority (IRDAI) annual report, insurance penetration of India remains one of the lowest at 3.70 percent in 2018.

Posted in Union Budget |   225 Views

The Indian economy is not in the best shape right now, making the second budget of Nirmala Sitharaman even more significant. It needs to announce measures to boost the economy and appease growing sectors of society.

Posted in Union Budget |   685 Views

Prime Minister Narendra Modi of India has taken a strong interest in preparing the forthcoming government budget in order to stimulate growth in Asia's third-largest economy.

Posted in Union Budget |   552 Views

India raises nearly 14.5 Lakh Crore, 34 percent of which is an indirect tax.� Indirect taxes include service tax, customs duty, VAT, etc. Taxes paid. This applies to the Indian government's partial collection of taxes.

Posted in GST  3 comments |   1998 Views

The CBIC frozen tax credits of approximately Rs 40,000 crore, as reports did not match, exposing the alleged fraud of nearly 2,000 entities, except in cases where returns were not filed. CBIC president John Joseph said at an event on Monday last week, the indirect tax arm of the income department blocked the credits within four hours.

Posted in GST |   1491 Views

Advocate Arjun Gupta has discussed the taxability of penny profits in light of the recent changes to Section 68 of the Income Tax Act and the decisions of various courts. He also argued that the law places an unfair burden on taxpayers and is not workable.

Posted in Income Tax  3 comments |   3163 Views

Popular Articles

CCI Articles

submit article

Stay updated with latest Articles!

CA Learning