Poojitha Raamaprasad, Author at Tax Guide

Who Can Opt for Section 44ADA & How Does It Work?

As per sections 44AA of the Income-tax Act, 1961, a person engaged in business or profession is required to maintain […]

The Goods and Services Tax (GST) Council’s decision to exempt certain health insurance policies from GST, effective September 22, 2025,

The Goods and Services Tax (GST) Council’s decision to simplify the tax structure into two slabs (5% and 18%), effective

Filing Form AOC-4 is one of the most important compliance requirements for companies in India, as it ensures that their

Tax Deducted at Source (TDS) is a mechanism under the Income Tax Act, 1961, where the payer deducts tax at

Paying TDS (Tax Deducted at Source) in India can be done easily through the official Income Tax e‑Filing portal (formerly

Under Section 133(6), the Income Tax Department has the legal authority to summon any person or entity—not just taxpayers—to furnish

Navigating the intricacies of income tax can be challenging, especially for senior citizens. For the Financial Year 2024-25 (Assessment Year

For any working professional in India, planning for a financially secure retirement is paramount. While the Employee Provident Fund (EPF)

In India, linking your Permanent Account Number (PAN) with Aadhaar has been a mandatory requirement for taxpayers since 2017. This

Entertainment Allowance is a special allowance given by an employer to employees for hospitality-related expenses — like client meetings, official

Understanding your salary structure can be confusing, especially with terms like CTC, gross salary, and net salary. CTC stands for