Bogus Political Donations Made : I-T Dept Sents Messages to file the ITR-UBogus Political Donations: The Income Tax Department has intensified its scrutiny of taxpayers who have claimed deductions for political donations…
Budget 2025: Top 7 Taxpayer Expectations for Income Tax RegimesBudget 2025 income tax expectations: The Finance Minister Sitharaman took a progressive move towards simplification and a shift away from…
CBIC notifies rules for entities to get temporary identification number under GSTTemporary Identification Number under GST: Entities that are not required to get a GST registration but are required to make…
Majority of individual taxpayers seek income tax cut in FY26 Budget: surveyIncome tax cut: As many as 57% of individual taxpayers want taxes to be lowered in the upcoming Budget, Grant…
Centre notifies new Income-Tax Rules for non-resident cruise ship operatorsIncome-Tax Rules for non-resident cruise ship operators: The Central Board of Direct Taxes (CBDT) has notified amendments in the Income-Tax…
CBIC Eliminates 18% GST on Rent for Small TaxpayersGST on Rent: In a relief for small taxpayers under the composition scheme, the Central Board of Indirect Taxes and…
EPFO Simplifies PF transfer Process for Ease of Living for membersPF transfer Process: To ensure ease of doing for its members, EPFO has simplified the process for transfer of PF…
Government likely to announce personal income tax relief in upcoming Budget: ICRAThe government is expected to provide some relief to personal income taxpayers in the Union Budget for FY2026, according to…
Delhi High Court exempts electricity commissions’ fees from GSTThe Delhi High Court (HC) ruled that the fees collected by the Central Electricity Regulatory Commission (CERC) and the Delhi…
Budget 2025: Is merging old and new income tax regimes a good idea?As the Union Budget 2025 approaches, the country’s vast middle class population is eagerly awaiting announcements related to income tax.…