The Union Budget 2025 has introduced several direct tax changes aimed at reducing the tax burden and easing compliance for individuals and businesses. With...
With the Union Budget 2025 set to be presented by Finance Minister Nirmala Sitharaman on February 1, the Institute of Chartered Accountants of India...
Prime Minister Narendra Modi launched the ambitious Make in India campaign in 2014, envisioning the transformation of the country into a global manufacturing powerhouse....
In a world where business dynamics are continuously changing, recent amendments to Section 43B of the Income Tax Act are sending shock waves through...
To address this issue, let us first understand an interplay of Sec 148,148A and 149(1)(b) and the relevant extracts are re-produced below:
Section 148 of...
Crafting an interim budget with elections in sight, FM Nirmala Sitharaman unleashed a slew of populist measures. As PM Modi seeks renewal, the government...