Smart Tax Saving Tips for Individuals Earning ₹15 LPA in India
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 […]
CRYPTOCURRENCY
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 […]
TDS (Tax Deducted at Source)
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 […]
Simple Summary of Undisclosed Income Tax Provisions
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 […]
Trust Account Audit
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 […]
NEW GST UPDATES
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 […]
Understanding ITR Forms for AY 2025–26
A simplified guide to help you choose the right Income Tax Return (ITR) form. ITR-1 (SAHAJ) – For Salaried Individuals Applicable to: Resident individuals (not Ordinarily Resident) with total income up […]
INTERNAL FINANCIAL CONTROLS
In today’s increasingly complex business environment, ensuring financial integrity is more important than ever. Whether you’re a startup, a growing mid-size company, or an established enterprise, robust internal financial controls […]
Forensic Audit
A forensic audit in India is a specialized examination and evaluation of a company’s or individual’s financial records to derive evidence that can be used in a court of law […]
GSTR-10 – Final Return under GST
GSTR-10 is a final return that must be filed under the Goods and Services Tax (GST) regime by a registered taxpayer whose GST registration has been cancelled or surrendered. Who […]