Income Tax

The Finance Minister, Nirmala Sitharaman, unveiled the Union Budget 2023 on 1st February 2023. Generally, the budget before general elections […]

The Micro, Small, and Medium Enterprises Development Act, 2006 came into force on 16 June 2006. It consists of six

Taxation is a crucial component of any economy, including India. It is a process by which the government collects revenue

Income that is tax-free is called exempt income; everyone wants their income to be tax-free so that less tax or

India is a religious and devout country. India has a long tradition of using charitable gifts to achieve spiritual fulfilment

With the goal of ensuring timely compliance and submission of returns, the government enacted Section 234F, which became effective in

Typically, taxes are collected by business owners on behalf of customers, who then pay the government. A reverse charge is

Properties that are inherited up to four generations down the male line—father, grandfather, etc.—are called ancestral properties. However, the Income

If the taxpayer fails to furnish or file the TDS (Tax Deducted at Source) or TCS (Tax Collected at Source)

For domestic and domestic manufacturing companies that start operations on or after October 1, 2019, but before March 31, 2023,

In layman’s language, custom duty is an indirect tax that is applicable to the export and import of goods transported

The objective of SEZ was to attract foreign investors by giving tax breaks and single window clearance etc. However, this