Change in Income Tax Slab under New Tax Regime
Compliance Tracker for the month of January 2025
The 55th GST Council meeting, held on December 21, 2024, resulted in a series of key decisions aimed at refining India's Goods and Services Tax (GST) framework. All the recommendations affecting small taxpayers have been discussed below.
Common mistakes frequently observed in financial statements as per ICAI's publications and reviews
In the dynamic world of finance, corporate actions such as mergers, demergers, dividends, and stock splits often introduce key dates that investors must pay attention to-among these, the record date and the ex-date hold significant importance.
In a significant move to address long-standing concerns regarding the taxability of vouchers under GST, the GST Council made certain recommendations
In today's fast-paced business environment, managing HR processes and financial reporting manually can lead to inefficiencies, inaccuracies, and increased workloads.
To omit the definition of declared tariff and suitably amend the definition of specified premises (from the services rate and exemption notifications) to link it with actual value of supply of any unit
Navigating Indian tax laws can be especially challenging for Non-Resident Indians (NRIs). One significant hurdle is Tax Deducted at Source (TDS), a tax deducted from your income at the source before it reaches you.
Valuation exercises often involve complexities that can lead to errors if not handled diligently. Common mistakes in valuations, as highlighted in ICAI guidelines and industry practices, include
Certification Course on GSTR-3B Reconciliation with GSTR-2B using AI Tools