Income Tax: किराए और ब्याज के पैसे पर बचा सकते हैं TDS, बस फॉलो करें ये टिप्स – Income tax 2024 Tips to Save Income Tax on house rent and interest Income income tax rule know more details

How To Save Tax Legally?

We've all heard the famous...
45 Day Rule Made for MSME's Benefit is Hurting MSME's very Badly - Here's Why, How and How to Act for MSME's

45 Day Rule Made for MSME’s Benefit is Hurting MSME’s very Badly – Here’s...

While the government has intended to protect MSMEs and ensure timely payments, this new regulation has raised concerns in the market and has led to...

Digital Personal Data Protection Act, 2023

The Digital Personal Data Protection Act, 2023 (hereinafter referred to as the "DPDP Act") is a landmark piece of legislation that aims to protect...

Employees Deposit Linked Insurance Scheme 1976

The Employees’ Deposit-Linked Insurance Scheme (EDLI) is an insurance scheme launched by the Employees Provident Fund Organisation (EPFO) of India in 1976. It provides...

Standard Operating Procedure for Scrutiny of Returns for FY 2019-20 onwards – GST

This Tax Alert summarizes the recent Instruction issued by Central Board of Indirect Taxes and Customs (CBIC) prescribing Standard Operating Procedure (SOP) for scrutiny...

E-Appeal Scheme 2023

Notification No. 33/2023, dated 29-05-2023 The Finance Act 2023 introduced a new designated income tax authority of Joint Commissioner (Appeals) vide amendment in section...
Gold Hallmarking to be Made Mandatory Soon

Comprehensive Guide to gold purchases, possession limits and taxation in India

The withdrawal of Rs 2000 notes from circulation by the Reserve Bank of India (RBI) has allegedly caused a surge in individuals purchasing gold...

KPMG Faces Backlash after Clean Report Issuance on SVB and Signature Bank – Analyzing...

Accounting firm KPMG, one of the ‘Big 4’, that gave a clean chit to Silicon Valley Bank and Signature Bank, days before they collapsed,...

How co-lending is changing the way public sector banks lend.

Priority Sectors Lending is the role exercised by the RBI to banks, imploring them to dedicate funds for specific sectors of the economy like...

A glance of new insertion section 43B(h) – Payment to Micro or Small enterprise

The Finance Bill 2023 has a new insertion of clause (h) to section 43B of the Income Tax Act 1961. The said clause has...

No Set-off of losses if Income declared under presumptive schemes under section 44BB &...

Preventing misuse of presumptive schemes under section 44BB and section 44BBB. 1.Section 44BB of the Act provides for presumptive scheme in the case of a...

Proposing Tax Deductions in Budget 2023 for Alternative Tax Regime

As the 2023 Union Budget approaches, speculation is growing as to what relief measures it may contain. In the past, budgets have included benefits...

Tax Saving Options for Salaried Person

As we all know March 2023 is coming. This means financial year 2022-23 is about to end. Everyone looks for tax planning to save...

End of GST compensation to jolt six states most, says RBI

The economies of half-a-dozen states are set to be "most severely affected" because of the termination of the goods and services tax compensation programme...

Leveraging Cash Burn Audit for Chartered Accountants

Cash burn audit is a vital tool for post-investment activities in India and can be used to analyze the financial performance of companies and...

GST on EV Charging – Sale of Electricity or Service of Charging?

Where the Activity of charging qualifies as sale of Electricity, the same would be Exempted from GST. On the other hand, if it qualifies...

How to Reduce your Personal Income Tax for Salaried person in India A.Y. 2023-24

The Indian Income Tax Act, 1961 is the primary legislation governing taxation in India. It provides for all aspects of taxation, from levy and...
SEBI

Structured Digital Database Compliance Certificate

All About STRUCTURED DIGITAL DATABASE Certificate Unpublished Price Sensitive Information Regulation 2(1)(n) of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 defines the expression ‘unpublished...
NITI Aayog

After privatization of banks NITI Aayog gives job protection to the banks staff for...

Days after the NITI Aayog shortlisted the names of the public sector banks to be privatised in the current fiscal as part of the disinvestment process,...
GST

Odisha faces Economic Challenges, reduction in Central shares, less GST Compensation.

Even as Odisha has recorded an overall GST collection of Rs 3,195.75 crore in May posting a growth of nearly 50 per cent (pc)...
Cryptocurrency

RBI’s notification to banks and other regulated entities, what will be the future of...

The Reserve Bank of India on Monday issued a statement that banks and other regulated entities can not cite its April 2018 order on virtual currencies...
TATA vs MISTRY

Tata sons legal lawyer who defended Tata against Mistry, Quits

Shuva Mandal, ace M&A lawyer and the group general counsel of  India Inc’s biggest conglomerate Tata Sons has stepped down after a stint of...
RBI

RBI ordered banks for implementation of Covid-19 package

With credit offtake remaining sluggish amid the Covid pandemic, the Reserve Bank of India (RBI) on Tuesday asked private banks to ensure credit facilities to...
RBI

RBI transfers Rs.99000 crores as dividend to Govt.

The Reserve Bank of India (RBI) will transfer Rs 99,122 crore as surplus to the central government for the nine months ended March 31...
SAT

Securities Appellate Tribunal has rejected SEBI’s view, that it can’t pass orders without a...

The Securities Appellate Tribunal has rejected the stock market regulator’s argument that it cannot pass orders without a technical member on the tribunal. The earlier technical member,...
GST Council

43rd GST council meeting to be held on May 28

Finance Minister Nirmala Sitharaman on May 15 announced that the Goods and Services Tax (GST) Council will meet in the capital at 11 a.m....
SEBI

SEBI removed certain restrictions for venture capital and angel funds investing in start-ups

Securities Exchange Board of India (SEBI) vide notification dated May 5, 2021 has removed out certain restrictions and has provided regulatory flexibility for venture...
SEBI

SEBI puts on hold on the implementation of the diktat requiring custodians to monitor...

The Securities and Exchange Board of India (Sebi) has put on hold the implementation of the diktat requiring custodians to monitor foreign holding in depository...
Oxygen Audit

Oxygen Crisis: SC called for the complete audit of the system

The allocation of oxygen across India, till now based on the number of beds and ICU usage, needs a complete revamp that takes into...
RBI

RBI governor announced measures to protect business from second wave of covid 19

RBI on Wednesday allowed certain individual and small borrowers more time to repay debt and allowed banks to give priority loans to vaccine makers,...