Tax Guide

GSTR-7: Consequences of Accepting Wrong GST TDS Credit

What is GSTR-7? GSTR-7 is a month returns filed by the individual who are required to deduct TDS. Who can […]

As per the advisory on 22nd January 2025, GSTN published that after the successful implementation of Phase-I & Phase-II now

TDS (Tax Deducted at Source) is a system introduced by the Income Tax Department whereby a person or entity making

Introduction – Why Choosing the Right ITR Matters Filing Income Tax Return (ITR) isn’t just about putting numbers and clicking

Key Takeaways Introduction When it comes to Income Tax, many people are confused between the old tax regime and the

Selling property in India involves tax implications under the Income Tax Act, 1961. Understanding the nuances of capital gains taxation

Latest Update ITR-3 notified by IT Department on 30th April 2025 via Notification No. 41/2025 which is applicable for FY

Introduction Almost of all of us have come across a torn, dirty or even slightly burn currency note – stuffed

Gratuity under the Income Tax Act, 1961, is a lump-sum payment made by an employer to an employee in recognition

The Employees’ Provident Fund (EPF) is a retirement savings scheme governed by the Employees’ Provident Fund and Miscellaneous Provisions Act,

Leave encashment refers to the payment an employee receives in lieu of unutilized earned leave. This lump sum payment is

Leave Encashment is a benefit provided by employers that allows employees to receive a monetary equivalent for unused leave days.