What are the list of Items added in 2025 in TCS deduction List?
by CBDT Notifies 10 New Items on Which TCS Needs to Be Collected The Central Board of Direct Taxes (CBDT) has recently expanded the scope of …
Category: Taxation
Section 87A Rebate in 2025-26: What If Your Salary Crosses ₹12 Lakhs?
Navigating the complexities of income tax can be challenging, especially with recent changes introduced in the Union Budget for the Financial Year (FY) 2025-26. A …
Is the GST Composition Scheme Right for You? Here is all about it.
Simplifying GST Compliance: A Comprehensive Guide to the GST Composition Scheme Struggling with GST compliance? The GST Composition Scheme is a lifeline for small businesses, offering lower …
Major Tax Changes in India: Effective April 1, 2025
Comprehensive Guide to India’s Income and Indirect Tax Changes Effective April 1, 2025 As India ushers in the new financial year on April 1, 2025, …
How to Calculate and Pay Advance Tax: A Step-by-Step Guide
Introduction Taxes are an essential part of financial responsibility, and understanding them can save you from unnecessary penalties. One such tax is advance tax, which …
March 2025 Compliance Deadlines: Essential Guide for Indian Businesses
Compliance Calendar for March 2025 – India Compliance Calendar for March 2025 tailored for businesses in India, covering major laws such as Income Tax, GST, …
TDS on Partner Remuneration: Section 194T Simplified for Every Business Owner
Section 194T: A Comprehensive Guide Introduction The Finance Act, 2024, introduced Section 194T into the Income Tax Act, mandating Tax Deducted at Source (TDS) on …
Freelancer Money Management: Taxes, GST & Smart Investments in India
Financial Freedom for Indian Freelancers: A Complete Guide Freelancing offers flexibility and independence, but managing finances can be challenging due to irregular income. Whether you’re …
ITR-U: How to File an Updated Income Tax Return Easily
Filing your Income Tax Return (ITR) accurately and on time is crucial to comply with tax regulations and avoid penalties. However, mistakes or omissions can …
New PAN 2.0: India’s Unique Tax ID with Digital Ease 🚀
The Indian government has introduced PAN 2.0, an upgraded version of the Permanent Account Number (PAN) system, aiming to modernize taxpayer services and enhance user …