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Posted inGST

Filing ENR-03 – A Step-by-Step Guide for e-Way Bill Generation

by CS LALIT RAJPUT February 19, 2025February 19, 2025
Posted inINTERNATIONAL TAXATION

Eligibility for Final $1400 from IRS Stimulus Checks

by TaxConcept February 18, 2025February 18, 2025
India is set to implement additional tariff adjustments in response to trade threats from US President Donald Trump, according to top officials
Posted inINTERNATIONAL TAXATION

India’s New Tariff Strategy Amid US Trade Threats

by The Master Writer February 18, 2025February 18, 2025
India-Qatar
Posted inBUSINESS & ECONOMY

Historic India-Qatar Partnership: BIG Agreements from Today 2025 Visit

by TaxConcept February 18, 2025February 18, 2025
Posted inINTERNATIONAL TAXATION

Beware of Toll Payment Scams: FBI and FTC Warnings on Latest Text Messaging Fraud

by The Master Writer February 18, 2025February 18, 2025
Posted inINCOME TAX

Income tax survey of Bhopal and Gwalior businessmen reveals tax evasion of ₹50 crore

by CS Hanuman prajapat February 18, 2025February 18, 2025
TDS mismatch in my intimation under Section 143(1)
Posted inINCOME TAX

TDS mismatch in my intimation letter under Section 143(1)

by TaxConcept February 18, 2025February 18, 2025
Concerning the proposed income tax legislation for 2025, the central government has garnered over 60,000 suggestions from citizens, according to Union Finance Minister Nirmala Sitharaman. During a recent post-budget event, the Finance Minister highlighted that the review of the Income Tax Act of 1961 is a significant aspect of Prime Minister Narendra Modi’s principle of ‘Jan Bhagidari.’ “Following the Covid-19 pandemic, the government’s focus has centered on channeling funds into public expenditure for infrastructure development. The belief that there has been a shift from expenditure to consumption is inaccurate. We have increased capital expenditure (Capex) while also offering relief in Personal Income Tax,” she stated. Last week, she presented the new income tax bill for 2025 in the Lok Sabha as part of tax reforms aimed at simplifying provisions to make them easier to understand and reducing the potential for statutory disputes. Additionally, the Finance Minister expressed gratitude to PM Modi for his consideration in providing relief to taxpayers earning up to Rs 12 lakh annually. She noted, “We are steadfast in our commitment to the fiscal deficit trajectory outlined in the July Budget, targeting a deficit below 4.5 percent.” The goal of these reforms is to bolster manufacturing, enhance the ease of doing business, and upgrade social infrastructure. “Our efforts will not cease here. The momentum of reforms will persist. We are also exploring new sectors, which is evident in the recent investments in the space and nuclear sectors,” asserted the Finance Minister. She further remarked, “I anticipate that state governments will also take the initiative to promote the Ease of Doing Business.” Sectoral allocations within the budget remain unchanged, with the projected effective capital expenditure for the upcoming financial year estimated at Rs 19.08 lakh crore, as reported by FM Sitharaman. She highlighted that the effective capital expenditure represents 4.3% of GDP in the 2025-26 budget, with a projected financial deficit of 4.4%.
Posted inINCOME TAX

Central Govt Receives 60,000+ Public Inputs on 2025 Income Tax Bill

by TaxConcept February 18, 2025February 18, 2025
Income tax department
Posted inINCOME TAX

Income Tax Department’s drive against undisclosed foreign assets has revealed ₹22,000 crore

by TaxConcept February 18, 2025February 18, 2025
IRS Audit Risks for Self-Employed Individuals
Posted inINTERNATIONAL TAXATION

IRS Audit Alert: Watch For These Red Flags!

by The Master Writer February 18, 2025February 18, 2025
Posted inJUDGEMENT

Ranveer Allahabadia gets a severe reprimand from the Supreme Court

by CS Hanuman prajapat February 18, 2025February 18, 2025
Posted inEPFO

PF Interest Rate Outlook EPFO Meeting to Decide

by CS LALIT RAJPUT February 18, 2025February 18, 2025
Posted inINCOME TAX

Tax-saving deductions under Section 80C now covered by Clause 123

by CS LALIT RAJPUT February 18, 2025February 18, 2025
Posted inINCOME TAX

Penalty for late payment of TDS on property

by TaxConcept February 18, 2025February 18, 2025
Income tax
Posted inINCOME TAX

New Section 202: Income Tax Slabs Explained

by TaxConcept February 18, 2025February 18, 2025
Posted inNFRA

NFRA Appeals to Supreme Court Over Delhi HC Ruling on Audit Firm Notices

by CS Hanuman prajapat February 18, 2025February 18, 2025
Got a $1,400 rebate text from the IRS
Posted inINTERNATIONAL TAXATION

Got a $1,400 rebate text from the IRS

by TaxConcept February 18, 2025February 18, 2025
UAE Expands Visa-On-Arrival Facility For Indians From 6 More Countries
Posted inINTERNATIONAL TAXATION

UAE Welcomes More Indian Travelers with Expanded Visa-On-Arrival Program

by TaxConcept February 18, 2025February 18, 2025
Posted inBUSINESS & ECONOMY

NSDL’s Profit Surges 30% to ₹86 Crore in December Quarter Ahead of IPO

by CS Hanuman prajapat February 17, 2025February 17, 2025
Posted inBUSINESS & ECONOMY

BIG NEWS PM Modi breaks protocol and personally receives Qatar Emir

by TaxConcept February 17, 2025
Posted inGST

ICAI released Handbook on Reverse Charge under GST

by TaxConcept February 17, 2025
Posted inINCOME TAX

Simplifying Tax Laws: Insights from the Income Tax Bill and Samvaad Session

by CS Hanuman prajapat February 17, 2025February 17, 2025
Posted inBUSINESS & ECONOMY

TCS and Infosys Plans Salary Hikes with Expected Payouts Between 4-8%

by CS Hanuman prajapat February 17, 2025February 17, 2025
ake rent receipts
Posted inINCOME TAX

Fake Rent Receipt Verification by Income Tax Department

by TaxConcept February 17, 2025February 17, 2025
Dubai tenants receive clearer guidelines regarding rent increases, including a mandated 90-day notice
Posted inINTERNATIONAL TAXATION

Dubai Land Department Implements 90-Day Notice for Rent Increases: Key Guidelines for Tenants

by The Master Writer February 17, 2025February 17, 2025
Elon Musk’s DOGE seeks access to highly sensitive taxpayer IRS data
Posted inINTERNATIONAL TAXATION

IRS Taxpayers Big Alert for Elon Musk’s DOGE seeks access to highly sensitive taxpayer IRS data

by The Master Writer February 17, 2025February 17, 2025
Posted inICAI

ICAI issued revised Technical Guide on Accounting for Expenditure on CSR Activities

by TaxConcept February 17, 2025February 17, 2025
Posted inCOMPANY LAW

How to Calculate Total Liabilities Effectively

by CS Hanuman prajapat February 17, 2025February 17, 2025
Latest GST News, Information, Notification: & Announcements
Posted inGST

Latest GST News, Information, Notification: & Announcements [Perio 11/02/25 to 17/02/25]

by VIPUL KHANDHAR February 17, 2025February 17, 2025
Posted inGST

ENR-03: Enabling e-Way Bill Generation for Unregistered Dealers

by CS LALIT RAJPUT February 17, 2025February 17, 2025

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