The nation had been looking forward to the Union Budget for FY 2024-25 for a while. Following the buzz around multi...
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The Budget Bill is usually presented around March every year. However, this year because of the elections, an inter...
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The Indian government has implemented a new tax plan to support the expansion and development of manufacturing busi...
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Everybody desires to increase their savings and build a solid financial foundation that can support them in the eve...
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Dearness Allowance is the money that is received by the employees apart from their basic payroll. There are fixed a...
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To improve the economic stability of the weaker section in India, the Economically Weaker Sections Bill was issued...
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In the past, in the absence of a reliable verification method, the Income Tax Department approved deductions under...
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If we talk about the deductibility of interest income from taxes at the source, Section 194A of the Income Tax Act...
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Professional tax is a state-level tax imposed on individuals engaged in various professions, trades, and employment...
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Gold has been a valuable and sought-after commodity for centuries. Many people choose to invest in gold as a way to...
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Section 10(23C) of the Income Tax Act provides for the exemption of income earned by certain categories of entities...
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Section 11 of the Income-tax Act is a provision that provides an exemption from income tax to entities engaged in c...
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Section 40A(2) talks explicitly about the payment of an expenditure to a related person. This means that if you hav...
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Section 69A of the Income Tax Act is a significant provision that addresses tax implications related to goods owner...
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