auto_stories Blog & Articles

Taxation

Income Tax Department Sends Mass Mail to Taxpayers Over Donation Claims in ITR (AY 2022-23 to 2024-25)

The Income Tax Department has initiated a nationwide crackdown on taxpayers who claimed deductions under Section 80GGC for political donations…

calendar_today Jan 29, 2025 schedule 3 min

GST

Clarification on GST Payments for Co-Insurance Premiums and Reinsurance Commissions

The GST Council’s recent clarification on co-insurance premiums and reinsurance commissions has brought much-needed relief to India’s insurance…

calendar_today Jan 29, 2025 schedule 6 min

Govt Schemes

The 2025 Padma Awards Honorees Complete List

The Padma Awards, among India’s most prestigious civilian honors, were announced on the eve of the 76th Republic…

calendar_today Jan 28, 2025 schedule 10 min

Taxation

How the GST Department Uses 26AS, AIS & ITR to Verify Income Tax Data

The innovative approach by the GST Department to ensure tax compliance involves an extensive cross-check of financial information…

calendar_today Jan 27, 2025 schedule 7 min

Manage Business

How to Check Fake Summons from CBIC Site: Step-by-Step Guide to Verification

Taxpayers in India can now easily verify any official communication, including summons, from the Directorate General of GST…

calendar_today Jan 25, 2025 schedule 7 min

Manage Business

GST Notification 08/2025: Waiver of Late Fees for Reconciliation Statement Filing(FORM GSTR-9C)

In a significant relief to taxpayers, GST Notification 08/2025 has announced the waiver of late fees for filing the reconciliation…

calendar_today Jan 24, 2025 schedule 4 min

Manage Business

CBDT Notifies Conditions for Applicability of Presumptive Taxation Regime for Non-Resident Cruise Ship Operators under Finance (No. 2) Act, 2024

In a significant move aimed at bolstering the cruise tourism industry in India, the Central Board of Direct…

calendar_today Jan 24, 2025 schedule 4 min

Tax Saving

Budget 2025: Calls to Raise Income Tax Exemption Threshold to Rs 5.7 Lakh and Simplify TDS

As the Union Budget 2025 approaches, there are growing calls for significant reforms to India’s income tax system.…

calendar_today Jan 21, 2025 schedule 6 min

Tax Saving

Salaried Employees Need to Submit Investment, Expenditure Proofs to Employer to Avoid Full TDS on Salary

As the financial year progresses, salaried employees need to submit investment and expenditure proofs to their employers to…

calendar_today Jan 10, 2025 schedule 15 min

Govt Schemes

How to Apply For Mukhyamantri Mahila Samman Yojana (MMSY)?

The Mukhyamantri Mahila Samman Yojana (MMSY) is a transformative scheme aimed at empowering women in India. This initiative,…

calendar_today Jan 7, 2025 schedule 6 min

Manage Business

E-Amrit Electric Vehicle Loan: Step-by-Step Process for Indian Consumers

In recent years, the Indian government has made significant strides in promoting electric vehicles (EVs) as a sustainable…

calendar_today Dec 11, 2024 schedule 8 min

Latest News

Indian Govt’s New PAN 2.0 Project: New Pan Card With QR Code

The Indian Government has officially launched the PAN 2.0 project, an innovative initiative aimed at upgrading the existing…

calendar_today Nov 27, 2024 schedule 6 min