CAclubindia Articles

Old vs New Regime: How to decide which tax regime will save more Tax?

27 August 2025 1265 Views

Confused between old vs new tax regime for FY 2025-26? With higher rebate limits, bigger standard deduction, and simpler compliance, the new tax regime now suits most taxpayers. Compare both regimes, breakeven points and download an automatic Excel tax calculator to plan smartly.

FDI vs ODI: Key Differences, Challenges, and Practical Insights for Indian Companies

Posted by Affluence Advisory 27 August 2025 248 Views

This article explains FDI and ODI in simple terms, highlights their differences, examines challenges, and provides practical guidance for Indian companies.

GST Return Filing Fees: Detailed Guide to Costs, Late Fees and Smart Saving Tips

Posted by GST Online 27 August 2025 1754 Views

In this article, we'll delve into granular detail: which returns attract late fees, what the caps are, how interest is calculated, the due dates structure and practical cost-control strategies.

Fake Allowances = Real Tax: Salaried Employees May Penalize 200%

Posted by Mitali 26 August 2025 1057 Views

Learn about the income tax rules for salaried taxpayers in India, common mistakes, penalties up to 200% and how to file returns correctly in 2025.

Arrival of Lord Ganesh To Remove Taxpayers Vighnas With New GST Reforms!

Posted by CA Umesh Sharma 26 August 2025 513 Views

The 56th GST Council Meet is set for 3-4 Sept 2025 in New Delhi. Key agenda: Rate rationalisation, cess, compliance simplification & industry impact.

GSTR-1: Filing Process, Format, Due Dates & Eligibility for Small Businesses

Posted by LegalDev 26 August 2025 1049 Views

What is GSTR-1? A complete guide on filing, due dates, eligibility, amendments, late fees & GSTN updates for taxpayers under the monthly and QRMP schemes.

Can Cloud Data Be Treated as 'Books of Account' Under Income Tax Act 2025?

Posted by Vivek Jalan 26 August 2025 529 Views

Explore whether cloud data can be treated as 'books of account' under Income Tax Act 2025, just as loose papers were relied upon under ITA 61.

TDS on Salary: Mandatory Consolidation for Govt Transfers, Optional for Private Sector

Posted by CA Prashant Gupta 25 August 2025 388 Views

Learn how Sections 192 & 203 of the Income-tax Act and Rules 26A & 31 guide salary TDS, Form 12B submission and Form 16 issuance for employees.

Section 80JJAA: Deductions, Applicability, Calculations and Example

Posted by Madhur Gupta 25 August 2025 2070 Views

Learn about Section 80JJA of the Income Tax Act, which provides up to 190% tax deduction on additional employee costs. Understand eligibility, conditions, documents required and examples to claim this employment generation incentive

Income Tax Act 2025: Highlights, Slab Rates & Provisions

Posted by LegalDev 25 August 2025 10966 Views

The Income Tax Act 2025, effective from 1 April 2026, replaces the 1961 Act with simplified provisions, new tax slabs, the concept of "tax year," consolidated TDS rules and recognition of digital assets for taxation.