CAclubindia Articles


Market Outlook 2025 Global Trends and Predictions

  Affluence Advisory    09 January 2025 at 08:42

2024 has been a year marked by uncertainties and surprises. From financial markets to geopolitical developments, and from fluctuating interest rates to persistent inflation, events that once seemed unlikely gradually turned plausible and ultimately became reality.



New Income Tax Excel Utility for ITR-2 & ITR-3 Version 1.8 for AY 2024-25 Now Available

  Joseph Amal T A    08 January 2025 at 08:46

The Indian Income Tax Department has introduced the latest versions of its Excel utilities for filing Income Tax Returns (ITRs) for the Assessment Year 2024-25.



Advantages of LLP for Freelancers and Consultants

  Ishita Ramanipro badge    08 January 2025 at 08:45

Freelancers and Consultants often are searching business systems that provide safety and credibility i.e., Limited Liability Partnership (LLP).



Latest RBI Guidelines for FDs, Credit Cards and UPI Transactions w.e.f 1st January 2025

  Chaitra Seetharam    07 January 2025 at 11:01

Starting January 1, 2025, the Reserve Bank of India (RBI) will introduce several major regulatory changes impacting fixed deposits (FDs), credit cards, and Unified Payments Interface (UPI) transactions.



Updated 24Q TDS Return Effective from January 2025 - Relief to Salaried Employees

  Joseph Amal T A    07 January 2025 at 08:44

From October 1, 2024, the government mandated employers to consider the TDS/TCS deducted on non-salary income when computing TDS on salary. This adjustment aims to reduce the excessive TDS deductions often faced by salaried employees by ensuring that tax already paid on non-salaried income is accounted for.



GST Confusion on Taxability of Vouchers Finally Cleared

  CA Umesh Sharmapro badge    07 January 2025 at 08:43

GST Circular No. 243/37/2024, dated 31st December 2024, offers clarity on the crucial topic of vouchers. Whether it's festive gift cards or discount coupons this circular makes sure that the taxpayers and businesses move forward with a clear understanding of GST implications on the same.



Corporate Tax Planning: Lessons from Tata Group and Infosys

  CA Gyati Gupta    07 January 2025 at 08:43

This article delves into the lessons that can be learned from these corporate giants, supported by technical insights and relevant case laws.



Condonation of Delay in Filing Key Tax Forms for NPOs & Corporates

  Vivek Jalanpro badge    06 January 2025 at 08:44

Condonation of delay in filing Form 9A/10/10B/10BB for NPOs and 10IC and 10ID for Corporates for availing lower rate of tax



55th GST Council Decision: Payment Aggregators Get Exemption, Not Payment Gateways

  Vivek Jalanpro badge    06 January 2025 at 08:44

Analysis of 55th GST Council's decision to clarify that RBI regulated Payment Aggregators are eligible for the exemption, not payment gateway (PG)



55th GST Council Meeting: Key ITC Changes Impacting Automobile Sector & Construction Industry

  CA Shruti Singhalpro badge    04 January 2025 at 09:31

The GST Council met for the 55th time under the Chairmanship of Honourable FM Nirmala Sitharaman. Some key changes were recommended regarding availability of ITC and date of availability of ITC.