Entertainment Allowance is Applicable to Whom and How Much is Deductible?
Entertainment Allowance is a special allowance given by an employer to employees for hospitality-related expenses — like client meetings, official […]
GST on Health Insurance Premium: Applicability and GST Rate
In India, where healthcare costs are rising steadily, health insurance is not just a safety net it’s a necessity. But
ITR Refund Time For AY 2025-26: Strategies Before It’s Too Late!
ITR refund time can be based on several factors like how you file your return (online or offline), accuracy of
Income Tax Return Password: 4 Easy Methods To Reset in Minutes
If you have forgotten your Income Tax password or your account is locked, don’t worry! This article covers the easy
Section 80GGC of the Income Tax Act
Section 80GGC is a part of Chapter VI-A of the Income Tax Act, 1961 which include deduction towards donations made
GST ITC-02: How to Transfer Unutilized ITC?
The Goods and Services Tax (GST) is a unified, multi-stage, destination-based indirect tax applied to the supply of goods and
Section 194R TDS: Tax Implications on Business Perks
Section 194R TDS, introduced in the Income Tax Act, 1961, mandates the deduction of Tax Deducted at Source @ 10%
CTC Full Form in Salary: Is It Same as Gross Salary?
Understanding your salary structure can be confusing, especially with terms like CTC, gross salary, and net salary. CTC stands for
Agricultural Income in India: Exploring Tax Exemptions & Deductions
Agriculture is a vital sector in India, playing a significant role in the country’s economy. Recognising its significance, the Income
CA Exam Form Correction Window for September 2025 Opened
The Institute of Chartered Accountants of India (ICAI) has officially announced the Correction Window for the CA September 2025 Exams.
GST on Flight Tickets: The Surprising Impact on Your Travel Budget
Air travel in India has become more accessible than ever, with millions of passengers flying domestically and internationally each year.
Golden Rules of Accounting: The 3 Main Rules With Example
Golden Rules of Accounting is essential to grasp the basics of financial transactions. These rules form the foundation of double-entry