Section 80-IAC: Start-up Tax Benefits Get 5-Year Lifeline
As per the Income Tax Act (Section 80-IAC), a startup is an entity (company or LLP) incorporated between April 2016 […]
GST Audit Triggers: What DGGI Is Looking at in FY 2025-26
GST audit is an examination of a taxpayer’s records, returns, and other documents by tax authorities (or a chartered accountant/Cost
Section 80CCH: Tax Benefit For Soldiers AY 2025-26
Section 80CCH of the Income Tax Act was introduced to provide a special tax benefit for soldiers enrolled under the
PhonePe Wrong Transaction: How to Get a Refund?
Have you ever mistakenly sent money to the wrong person—maybe by entering an incorrect UPI ID, mistyping a phone number,
80TTA Deduction: Tax Benefit on Savings Interest For FY 2024-25
As per the Income Tax Act of 1961, Section 80TTA – Deduction in respect of interest on deposits in savings
TDS on Salary u/s 192: Old vs New Tax Regime
TDS (Tax Deducted at Source) is a system introduced by the Income Tax Department whereby a person or entity making
Income Tax On Gratuity: Exemptions and Limits
Gratuity under the Income Tax Act, 1961, is a lump-sum payment made by an employer to an employee in recognition
Registration Rules for Small Trusts and Institutions: April 2025 Amendment
Small Trusts and Institutions are non-profit organisations—charitable trusts, religious trusts, educational societies, and NGOs—operating with limited assets, income, or beneficiaries.
Old vs New Tax Regime: Which One Saves You More for FY 2024-25?
The Finance Act 2023 amended Section 115BAC, making the new tax regime the default option from AY 2024-25 (FY 2023-24
Rebate u/s 87A in New & Old Tax Regime For FY 24-25
Rebate of income tax in case of certain individuals- “An assessee, being an individual resident in India, whose total income
GPS-Based Toll Collection System: Seamless Journeys From 1st May 2025
India boasts the world’s second-largest road infrastructure, with its National Highways extending over 146,195 kilometres. In the fiscal year 2023-24,
Section 194P: Check Who Can Legally Skip ITR Filing For AY 2025-26?
Section 194P of the Income Tax Act of 1961 provides conditions for exempting Senior Citizens from filing income tax returns