Are you a salaried individual who gets confused during the ITR filing season, especially about what exactly counts as “Income from Salary” in Income Tax? You’re not alone! In this article, we simplify ...

Starting a bakery business can be an exciting and rewarding endeavour, especially in India, where the demand for fresh, quality baked goods is on the rise. However, success in the bakery industry ...

Starting a goat farming business can be a highly profitable and sustainable venture, but success requires careful planning and strategic execution. A well-structured goat farming business plan is ...

Tax season is here, and every investor looks for ways to reduce tax liabilities. One lesser-known but highly effective strategy is Tax Loss Harvesting (TLH). This strategy allows investors to offset ...

The Government of India has launched the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME), aimed at providing a significant boost to Micro, Small, and Medium Enterprises by enabling them to access ...

The new Income Tax Bill 2025 has simplified how salary income is defined and taxed. But before diving into that, let’s clarify two important concepts: Different Heads of Income Under the New Bill All ...

The Union Budget 2025 introduces significant amendments in both income tax and GST laws, aimed at simplifying compliance, reducing tax burdens, and fostering economic growth. The income tax reforms ...

Receiving a GST notice is a common occurrence for business owners, but many find it challenging to understand the nuances of handling these notices. GST notices are issued by the Goods and Services ...

The threshold to collect tax at source (TCS) on remittances under RBI’s Liberalized Remittance Scheme (LRS) is proposed to be increased from Rs 7 lakh to Rs 10 lakh. It is also proposed to remove TCS ...

What is digitally signing a document? Digitally signing a document places the encrypted with the document. Do not confuse the DSC with the Electronic signature. A digital signature certificate is ...

Updating or changing details on the GST portal is essential for businesses to maintain accurate and up-to-date records with tax authorities. The GST portal allows registered taxpayers to modify ...

A TDS Challan is a crucial form used for depositing Tax Deducted at Source (TDS) or Tax Collected at Source (TCS) with the government. It includes essential details such as the taxpayer's name, TAN ...