Explore the Finance Act 2023’s amendment to Section 43B of the Income Tax Act, focusing on prompt payments to Micro and Small Enterprises (MSMEs...
Want to stick with the old income-tax regime? Don’t forget to fill this form first
If you’ve crunched the numbers and determined that the old income-tax regime suits your financial situation better in terms of yearly investment...
Mastering EPF: A Comprehensive Guide to PF Calculationc
Provident Fund (PF) stands out as a cornerstone for building a robust financial future, accessible to a wide spectrum of individuals, including employ...
📅 Compliance Calendar – February 2024 📅
Stay on top of your compliance obligations with our handy calendar for February 2024. Mark these important dates to ensure timely submission and adher...
What is new in budget 2024?
Top 75 Highlights of Budget FY 2024-25 by Finance Minister Nirmala Sitharaman 1. No Changes in Income Tax Slabs 2. No Change in Tax rates for Company,...
What is Seed Funding and how Startup India can help you raise it: Startup India
As the name suggests, ‘Seed funding’ is the funding for a startup when it is at the seedling stage i.e., inception, ideation, or the beginning sta...
Declaring and Submitting Proofs for Investments???
For every salaried individual in India, declaring and submitting proof of investment to the employer is an essential practice. It is because of this p...
PROVISIONS TO COMPLY WITH WHILE SALE OF PROPERTY
• The proceeds arising from the sale of such property be received in an NRO account in India. • A properly executed and stamped copy of the sale d...
CANYOU CLAIM HRA EXEMPTION ON RENT PAID TO YOUR PARENTS OR SPOUSE ?
Income-tax returns sometimes include incorrect claims for house rent allowance (HRA) and home loan deductions. Such incorrect clalms can trigger a not...
High Value Transactions under IT Radar! Have you received this Income Tax Notice? Know what to Do
High Value Credit repayment transactions attract Income Tax Department’s attention. Know what to do if you have received a notice for the same. Cert...