India may raise GST on cigarettes and other tobacco products
India may explore increasing the goods and service tax (GST) on tobacco products, including cigarettes, after it stops levying the…
New Income Tax Bill 2025 : Key Reforms and Major Changes Taxpayers must know
Income Tax Bill 2025: On February 13, 2025, the Finance Minister Madam Nirmala Sitharaman introduced the Income Tax Bill, 2025…
House Rent Allowance (HRA): Tax Benefits, Eligibility & Claim Process
One of the most important components of a person’s salary package is the House Rent Allowance (HRA). Paying for a…
Biometric-Based Aadhaar Authentication for GST Registration
GSTN Guidance for Biometric-Based Aadhaar Verification and GST Registration Authentication in Maharashtra and Lakshadweep. For applicants from Maharashtra and Lakshadweep,…
ICMAI CMA result 2024 for Dec inter and final exams announced; Check pass %
The Institute of Cost Accountants of India (ICMAI) announced their results of CMA Final, Inter result 2024 on 11st February…
New Income Tax Bill 2025: Simplified Taxation, Reduced Litigation, and Economic Impact
The New Income Tax Bill is now available and will be presented to the Lok Sabha by Union Finance Minister…
GST Revisional Authority: Powers, Limitations, and Timeframes
In India, the Goods and Services Tax (GST) is a relatively recent legislation. Even though it contains the laws for…
New Income Tax Bill 2025: Simplification, Taxpayer Clarity, and Legal Certainty
Nirmala Sitharaman, the finance minister, declared she would introduce the new income tax bill in Parliament when she presented the…
Input Service Distributor Under GST: Concept, Conditions, and Credit Distribution
Under GST, an input service distributor is a type of taxpayer who must distribute the GST input tax credits associated…
“Income Tax” Slightly Over ₹12 Lakh Salary? Do You Pay Full Tax?
Under the new tax regime for the financial year 2025–2026, the Budget 2025 has proposed to make ordinary income up…
