The Foreign Assets of Small Taxpayers Disclosure Scheme (FAST-DS) 2026 is intended to provide eligible small taxpayers with an opportunity to disclose certain foreign assets and related income in accordance […]
A client-focused introduction to the revised ICAI Code of Ethics and the practical importance of independence, confidentiality and a clearly agreed engagement.
The DPDP framework is commencing in phases. Identify what applies now, map personal data and prepare practical controls for the later operational requirements.
Understand the new Tax Year, the continuing relevance of the 1961 Act for earlier periods, and practical checks for accounting and tax records.
Earning ₹15 lakhs per year is a great milestone in your career—but it also puts you in the higher tax bracket. The good news is, the Income Tax Act provides […]
Basics of Cryptocurrency Cryptocurrency is a form of digital or virtual currency that is secured by cryptography, making it extremely difficult to counterfeit or double-spend. Unlike traditional currencies, cryptocurrencies are generally […]
What is TDS? Objectives of TDS Key TDS Rates for FY 2024–25 Payment Type Section Threshold TDS Rate Salary 192 Based on slab As per slab FD Interest (Bank) 194A […]
This document simplifies key sections under the Income Tax Act related to hidden or unexplained income, investments, cash, or expenditure. These provisions help the tax department identify and tax ‘black […]
Introduction Indian Trusts Act, 1882 – For private/public trusts. Income Tax Act, 1961 – Sections like 12A & 12AB require registered charitable trusts to get their accounts audited if income exceeds the […]
The Central Board of Indirect Taxes & Customs (CBIC) on its Twitter handle has clarified that the GSTN system only validates the mandatory B2B section in GSTR-1 Return. CBIC wrote […]