Discover practical tax-saving opportunities under the New Tax Regime for FY 2026-27. Learn about the Rs 75,000 standard deduction, NPS and EPF benefits, home loan interest on let-out property, tax-free perquisites, meal card exemptions, Section 87A rebate, and other ways salaried employees can legally reduce their tax liability.
Discover why filing your Income Tax Return (ITR) is more than just a tax compliance requirement. Learn how timely ITR filing helps establish income proof, improve loan eligibility, support visa applications, claim refunds, carry forward losses and strengthen your overall financial profile.
The GST Council's new two-slab reform (5% & 18%) simplifies the tax structure but brings hidden costs. With ITC withdrawal and sectoral anomalies, hotels, salons, insurance, garments, and footwear may see higher prices despite lower GST rates.
Electronic Way Bill (E-Way Bill) is a document generated on the GST Portal evidencing the shipment of goods and include name of consignor, name of consignee, place of origin and destination.
The government is set to launch "Mera Bill Mera Adhikaar Scheme", a GST Invoice Incentive Scheme that offers cash incentives to consumers for uploading legitimate GST invoices.
Micro, small and medium enterprises, more popularly known as MSME, are an important sector globally and is considered as an engine of economic growth, promoting equitable development for all. To have more understanding about MSME, first let us understand its classification.
"Casual taxable person" means a person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business, whether as principal, agent or in any other capacity, in a State or a Union territory where he has no fixed place of business.
In simpler terms, GSTR-1 and GSTR-3B for the month of October is the due date for any GST Adjustments for FY 2021-22 subject to returns are furnished by 30th November.
The Securities and Exchange Board of India was established on April 12, 1992 in accordance with the provisions of the Securities and Exchange Board of India Act,1992.
September 2020 is considered to be a significant month for any Financial Year as it includes major compliances under the Goods & Services Act.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English