Finance Bill 2025 along with memorandum explaining the Finance Bill 2025
Today, on 1st February 2025, the Honorable Finance Minister of India Smt. Nirmala Sitharaman has presented the Union Budget 2025...
Changes In The Income Tax Slab For Individuals, HUF, AOP, BOI & Artificial Juridical Person In The Finance Bill 2025
In the Finance Bill 2025, the Union Finance Minister Smt. Nirmala Sitharaman has enhanced the Income tax slabs for the...
Income Tax Return due date extended from 31-10-2024 to 15-11-2024
The Central Board of Direct Taxes (CBDT) has extended the date for filing the Income tax returns, the due date...
Tax Audit due date extended
The CBDT has extended the due date of filing the deadline of Tax Audit Report filing from 30th September 2024...
Circular 9 of 2024 – Income Tax – Enhancement of monetary limits of filing appeals by the Department
In the circular No. 9 of 2024, the CBDT has further enhanced the limit of filing the appeals by the...
Changes in the Black Money Act provisions related to disclosure of foreign assets or income in Income tax returns
With the increasing cross border investment, there has been an inadvertent requirement for the changes in the provisions related to...
Changes in allowed partnership remuneration and TDS on payment to Partners in case of Partnership firms
In the Finance Bill (No.2) 2024, the amendments have been made for the taxation of the Partnership firms. In the first...
Budget (No. 2) 2024 updates – Increase in the standard deduction for salaried individuals
For the salaried persons, there has been a demand for the increase in the benefits to the individuals from a...
Download Finance Bill (No. 2) 2024 and Memorandum explaining the provisions in Finance Bill
The first Union Budget for Modi 3.0 Government has been presented on 23rd July 2024. To download the Finance Bill...
Income tax update – Amended in Form 27Q
The Central Board of Direct Taxes (CBDT) has amended the Form 27Q by inserting the Note 7A under the head...