How Labour Codes Repriced Employee Benefits on the BS ?

What Happened? The Institute of Chartered Accountants of India (ICAI) has issued accounting clarifications stating that any incremental gratuity and leave encashment liability arising from...

Is a Solar power project taxable at 5% as a composite supply, or at 18% as a works contract?

For years, solar EPC contracts were stuck in a GST grey area of 5% or 18%? That uncertainty has now been put to rest....

Latest Articles

How Family Transfers Can Impact Your Tax Bill – Clubbing of Income

Have you ever thought that gifting an asset to a family member might save you tax? Think again! The Income Tax Department has laid...

Incorporating a Wholly Owned Company in India

India is a lucrative destination for foreign investors looking to expand their business presence. One of the most popular ways for foreign entities to...

Section 139 of the Companies Act, 2013

When it comes to running a company, transparency and accountability are key. One of the pillars supporting these values is the role of auditors....

1961 to 2025 : Tax Transformation

Finance Minister Nirmala Sitharaman tabled the new Income Tax Bill, 2025, in Parliament on February 13, 2025. It aims to overhaul and modernize the...

Section 80TTB for Senior Citizens in India

For many seniors, handling money in retirement is about smart planning and enjoying their golden years. One of the most beneficial provisions in the...

Budget 2025: Key Direct Tax Changes You Need to Know

The Union Budget 2025 has introduced several direct tax changes aimed at reducing the tax burden and easing compliance for individuals and businesses. With...

ICAI’s Key Suggestions for the Union Budget 2025

With the Union Budget 2025 set to be presented by Finance Minister Nirmala Sitharaman on February 1, the Institute of Chartered Accountants of India...

Most Common Tax Disputes in Income Tax

Income tax disputes are a recurring challenge for taxpayers and tax authorities worldwide, and 2024 has been no exception. As tax systems evolve and...

LATEST NEWS

"Ready to share your unique voice through blogging?"

Write an Article