Direct Tax levied on the income of a corporate is a considerable amount of money that has to be paid to the government every year. In this article, we will discuss the tax-saving provisions available for corporates.
The 44th GST Council met on 12th June 2021 to reduce the GST rates on the specified items being used in Covid-19 relief and management like hand sanitisers, face masks, gloves, PPE Kits, temperature scanners etc.
Section 206AB shall replace the applicability of TDS rate with a higher rate of TDS for those who have not filed an ITR for two PY when the aggregate of TDS and TCS is beyond 50,000 rupees in each of those two PY.
Discussing the difference between the terms 'business', 'profession', 'vocation' and 'occupation' in the context of the Income Tax Act, 1961.
The new tax regime is available for individuals and HUFs with lower tax rates and zero deductions and exemptions available under various provisions of the Income-tax Act, 1961.
Within hours after its launch, the new Income Tax website started showing issues like the taxpayers were unable to access the website, popping up of different types of error, and many more technical glitches.
MCA has released the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2021 wherein amendments have been made in Forms IEPF-4 & IEPF-7.
Form 10BD of the Income Tax Act is a statement of donations containing the details of donations received by Charitable Organizations during the financial year.
Buying and selling of cryptocurrencies will be considered under the category of supply of goods. Other related facilitating transactions will be counted under services and these would include supply, transfer, storage, and accounting etc.
The exam period is usually a stressful time that can make students focus completely on their studies, neglecting their health. These tips can help nourish the brain and optimize health during the exam phase for anyone approaching an exam.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
IDT LIVE Exam Oriented Batch | May 2026, Sept 2026 & Jan 2027
CAclubindia
