How to Check TCS on Forex Transactions and Foreign Travel
Starting from October 1, 2023, a Tax Collected at Source (TCS) rate of 20% will be imposed on all foreign payments, except those related to medical and educational expenses. This…
Clarifications on various TDS provisions
Clarifications on various provisions relating to tax deduction at source regarding changes introduced through Finance Act, 1995 Income Tax Acts The Finance Act, 1995, has enlarged the scope of income-tax…
31 Lakhs Audit Reports Filed till Sep 23
More than 30 lakh Audit Reports filed on Income Tax Department’s e-filing portal till 30th September, 2023 More than 30.75 lakh audit reports, including about 29.5 lakh Tax Audit Reports have…
A Guide to Annual Statutory Compliance for Companies in India
A Guide to Annual Statutory Compliance for Companies in India
SOFTEX Now Mandatory for Exporter – Penalty Rs. 5000 Per Day
SOFTEX Now Mandatory for Exporter - Penalty Rs. 5000 Per Day
What is the eligibility to file a 15H form?
What is the eligibility to file a 15H form? If the tax liability is nil for any financial year in India, is he eligible? Ans - Form 15H is a…
Capital Gains Account Scheme (CGAS) – A Comprehensive Guide
The Capital Gain Account Scheme is a popular tax planning tool that allows individuals to park their capital gains until they can reinvest them in certain specified assets, as per…
Key Highlights of 50th GST Council Meeting
Key Highlights of the 50th GST Council Meeting: A Milestone in GST Journey
A Comprehensive Guide to Annual Information Statement (AIS) and Reporting Entity Compliance
Understanding Annual Information Statement (AIS)