A new Income Tax regime was introduced by FM Smt. Nirmala Sitaraman in Budget 2020 with more tax slabs and lower tax rates. In this article, we do a comparative analysis of the Old and New Income Tax Regime.
HOW TO PREPARE A MINDSET FOR APPEARING IN EXAMS We all know CA exams recently concluded. Some of us would be enjoying this new found freedom and some of us would be preparing for the upcoming November exams. Friends, CA is not difficult to crack
There is a substantial number of pending appeals related to cash deposits after demonetization in India. For taxpayers, there are favourable case laws available to support their claims. These cases can be valuable references when dealing with income tax-related issues during demonetization.
Senior management continually seeks ways to improve control over the organizations they lead. Internal controls are implemented to keep public or private enterprises, non-profit and other entities regardless of size on course toward
Phase-1(CPT)1.Preparation daysI had earlier mentioned in my previous post that I had joined CA amidst so much difficulties and confusion about what to do next in life.It w
A few days back while looking at the Index movements on BSE, I came across an index with the name �S&P BSE Dollex�, though many of you might be already aware of this index but it was new to me, the name seemed interesting and I was cu
Loans from shareholders, directors & their relatives has been a major & easy source of finance for many private companies. However, with new Companies Act, 2013 bringing all such loans, except from directors, under the ambit of deposits, all
Input tax credit is a concession granted by the State Government against the output tax liability on the sale or purchase of goods within the State jurisdiction. To avail such concession one has to fullfill the conditions imposed by the statue subjec
FAQs > About Form GSTR-9 1. What is Form GSTR-9?Form GSTR-9 is an annual return to be filed once, for each financial year, by the registered taxpayers who w
We all got to hear by now that some major companies in India including Tata Consultancy Services (TCS) are planning to buy back its shares in order to improve e..
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English