Considering the above standard deduction and new tax slabs it was mentioned in the Parliament that a salaried employee will...
Read moreFinance Minister Mrs. Nirmala Sitharaman has started presenting the budget 2023 today i.e. 01.02.2023 in parliament at 11:00 am today....
Read moreThe Halwa ceremony, marking the final stage of the Budget preparation process for Union Budget 2023-24, was held in North...
Read moreThis explanatory note is also very important as in recent times there have been many amendments in the Finance Bill...
Read more1) Loss from one Virtual Digital Asset (VDA) cannot be set-off against income from another VDA. 2) Definition of ‘transfer’...
Read moreFinance bill, 2022 has introduced section 140B of the Income tax act wherein such person is required to pay additional...
Read moreWho can file the updated return? Anyone can file the updated return irrespective of whether the person has filed original...
Read moreThe Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman today announced the introduction of Digital Rupee to be issued by...
Read moreAs per the above provision below are bullet points for taxation of digital asset: Income from Digital asset shall be...
Read moreIndia's Digital currency: RBI to bring Digital Rupee from 2022 and bring India's own digital currency which will be regulated...
Read moreTo mark the final stage of Union Budget making process, sweets provided to core staff due for “lock-in” at their...
Read moreThe stakeholder groups made several suggestions on various issues that included increased R&D spending, infrastructure status for digital services, incentives...
Read moreEvery year our Hon'ble Finance Minister presents Finance bill in the parliament through which necessary amendments are made to the...
Read moreSection 271AAD was introduced by Budget, 2020 wherein penalty was introduced for issuing fake invoices or omission of any entry....
Read moreBudget 2021 was presented on 01.02.2021 in the parliament. Although there was no major announcements in the Budget for common...
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