Popular Articles

Union Budget 2021 | Will there be an additional Covid Cess or not?

Prachi Bansal 31 January 2021 at 20:06

Article 270 of the Constitution of India states that the Parliament can levy cess for a specific purpose under a law made by it. The Central cess collections will therefore not be shared or allotted to any states under revenue devolution.

Budget 2024-25: FAQs on New Capital Gains Tax Provisions

Shree 25 July 2024 at 08:52

Explore comprehensive FAQs on the new Capital Gains Tax provisions proposed in the Union Budget 2024.

Is cost cutting in accounting worth it?

CA Anurag Sharma 16 July 2021 at 09:25

Is saving in hiring in the accounts department by businessmen actually saving or a deferred liability? Businessmen need to understand that they are doing no good to their business by saving a few bucks.

Data analysis to review inventory

CA Amrita Chattopadhyay 08 January 2021 at 16:36

Proper inventory control enables successful cost control of operations. In this article, we discuss some of the potential risks, data analysis and exception tests that an organisation can implement, for effective inventory management.

CA Firms Can Now Officially Partner with Global Firms

Mitali 29 May 2025 at 17:43

The ICAI has approved a draft regulatory framework to allow domestic CA firms to formally tie up with global accounting firms said by the president Charanjot Singh Nanda.

Challenging the impact of COVID 19 on economy

T.R.Radhakrishnan 28 May 2020 at 12:54

Challenging the impact of COVID 19 on economy

Income Tax Amendments in Budget 2026: Topic-wise Summary of Key Proposals

CA Varun Gupta 02 February 2026 at 09:06

Topic-wise summary of key Direct Tax proposals in Union Budget 2026, covering Income-tax Act 2025, compliance simplification, TDS/TCS changes, penalties, capital markets, and global tax reforms.

Strategies to Earn Rs 5550 per month from Post Office MIS

Mitali 07 January 2026 at 09:08

Post Office Monthly Income Scheme (MIS) explained: 5-year tenure, 7.40% monthly interest, investment limits, family strategy, joint accounts, RD reinvestment tips, premature closure rules and tax treatment.

Section 139(8A) of the Income Tax Act: Furnishing Updated Returns Made Clear

Shivani 10 January 2025 at 14:01

An Updated return can be furnished u/s 139(8A) of the Income Tax Act 1961 by any person, whether or not he has furnished a return under sub-section (1) or sub-section (4) or sub-section (5), for an assessment year

Budget 2024-25: Key Highlights

FCA surbhi jain 02 February 2024 at 17:38

Union Finance Minister Nirmala Sitharaman presented her sixth Budget on February 1. This was an interim budget ahead of the general elections later this year. It was focused on youth and women empowerment, while maintaining fiscal consolidation and continuing capex.