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Income Tax Reforms 2025, The countdown to the Union Budget for the fiscal year 2025-26 has begun, and there’s a palpable buzz in the air....

Budget 2025 Preview  highlights a crucial step towards empowering startups by expanding the ESOP tax deferment policy. Introduced in...

Dealing with errors in your Income Tax Returns (ITRs) just got a whole lot easier! The Income Tax Department has rolled out a fantastic...

ITR Filing Deadline Extension: If you missed filing your Income Tax Return (ITR) or made mistakes in a submitted one, here’s some good...

Hey there! Let’s dive into some global trade drama, shall we? Former President-elect Donald Trump has made headlines again, and this...

A Complete Guide to GSTR-9 , If you’re a GST-registered taxpayer with an annual turnover exceeding Rs 2 crore, GSTR-9 Filing is your must-know annual return. It provides a detailed summary of your business’s sales, purchases, and GST activity over the financial year. But don’t worry — we’re here to break it down and make the process as simple as possible. What Makes GSTR-9 Filing Important for You? Think of GSTR-9 as the yearly roundup of your GST journey. This return pulls t

India’s Youngest World Chess Champion: A Star is Born ₹4.67 Crore Tax Relief to Chess Star Gukesh: A Game-Changing Win : Imagine making...

The year 2024 witnessed landmark judgments in the taxation realm, reshaping the landscape for businesses and individuals alike. Whether...

Deadline Alert: Report Foreign Income and Assets by December 31, 2024, to Avoid Heavy Penalties! Deadline Alert: Report Foreign Income...

At just 18 years old, Indian chess prodigy D Gukesh has made history by becoming the youngest-ever world chess champion. His incredible...

Micro, Small, and Medium Enterprises (MSMEs) are the lifeline of India’s economy, contributing significantly to employment and GDP. At...

Are you ready for some good news? Or maybe, not-so-good news? The government is gearing up to double the salary limit for EPF & ESIC...

Duplicate PAN: Avoid Rs 10,000 Penalty for Duplicate PANs Have you ever wondered if you might have more than one PAN card floating...

Input Tax Credit  (ITC) is one of the most powerful benefits of the GST system, allowing you to deduct the GST you pay on purchases from...

In the recent Income Tax Act review , significant changes regarding income tax penalties  have been proposed, particularly in the context...

Old vs New Tax Regime: Which One Should You Choose? Old vs New Tax Regime: Which One Should You Choose? Tax season always brings with it...

Union Budget 2025: Simplifying TDS Rates and Decriminalizing Defaults With the Union Budget 2025 on the horizon, ASSOCHAM (Associated...

GST Annual Return Alt: Complete Guide: Know who is obligated to file GST annual return by December 31, 2024 Filing the GST annual return  is an essential compliance requirement for taxpayers under the Goods and Services Tax (GST) regime. Introduced to simplify the tax structure in India, GST ensures businesses report their sales, purchases, and claim their Input Tax Credit (ITC) through periodic filings. This comprehensive guide will help you understand who is obligated to fi

Hello, taxpayers! A crucial reminder from SS Auditors & Tax Consultants : reporting   foreign assets  and incomes  in your Income Tax...

Claim Input Tax Credit on Construction Services: GST Insights for Builders Claim Input Tax Credit on Construction Services: GST Insights...