Business Trusts in India: A Complete Guide for Investors What is business trust? A business trust is typically formed as a trust structure, not as a company. It serves as an investment vehicle that pools capital from multiple investors to invest in income-generating assets, such as real estate or infrastructure projects. Common examples include Real […]
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Corporate Compliance & Advisory: Avoid Costly Mistakes! Introduction Corporate compliance is a crucial aspect of running a successful business. Ignoring compliance requirements can lead to hefty penalties, legal issues, and operational disruptions. In this comprehensive guide, we will explore common compliance mistakes businesses make and how you can avoid them. Learn more about corporate compliance
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TDS Rate Chart for Financial Year 2025-26 S. No. Section Particulars TDS Rate Threshold limit 1 192 Salaries Applicable on both old and new regime (exclusive of education cess and surcharge) Old Tax Regime: Rs. 2,50,000 (individual other than senior citizen) Rs. 3,00,000 (Senior Citizens) Rs. 5,00,000 (Super Senior Citizens) New Tax Regime: Rs. 4,00,000
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Section 43(b)(h): Be careful before payment to your creditors for the month of March Section 43(b)(h) of Income Tax act,1961 which has already troubled and confused taxpayers last year is also there for the current tax session and this session too taxpayer needs to very careful. We hereby explaining repercussion of not following this section
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Overview of the New Income Tax Bill 2025 Introduced by Finance Minister Nirmala Sitharaman, the bill comprises 622 pages, 536 sections, 23 chapters, and 16 schedules. It focuses on simplifying the existing Income Tax Act from 1961 without adding new taxes. Simplification of Language: The bill replaces complex terms with simpler alternatives, aiming to reduce
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India, US agree to resolve trade and tariff rows after Trump-Modi talks Bilateral Meeting Focus: The meeting centered on enhancing U.S.-India relations through dialogue on trade, security, and terrorism. Trade Negotiations Initiated: India and the U.S. agreed to commence formal trade discussions to resolve tariff disputes, with negotiations slated to begin in fall. Tariff Reduction
GST applicability on renting services of residential dwelling Services by way of renting of residential dwelling for use as residence is exempt. As per Notification No 05/2022- Central Tax (Rate) dated 13.7.2022, amendment has been made in Notification
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1. Long-Term Capital Gains (LTCG): Holding Period: More than 12 months. Capital Gains: Tax rate: 12.5% (after ₹1.25 lakh exemption). Capital Loss: Can be set off against LTCG for up to 8 years. 2. Short-Term Capital Gains (STCG) : Holding Period: Less than 12 months. Capital Gains: Tax rate: 20%, irrespective of the tax
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This year our finance minister came with historic budget; we have already discussed the Direct Tax i.e. Income Tax part. Here we are now discussing the Indirect Tax part. Following are the major amendments made by Finance Act,2017: – Section- 2 (61) – Amendment in definition of Input Service Distributor Section- 12(4) – Time of
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Union Budget 2025 Highlights. Budget Income Tax Updates – 2025. Old Tax Regime: No changes in Standard Deduction and Slab Rates. New Tax Regime: New Tax Slab Rates Income Range (₹) Tax Rate
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