Articles

News

In a recent social media post, Ved Jain, ex-president of ICAI expressed concern over notices issued under Section 148 of the Income Tax Act.

Several Taxpayer receive Time barred notices from Income Tax Department

Cricketer Virat Kohli became the top taxpayer among Indian sports personalities for the previous financial year that concluded on March 31, 2024.

Virat Kohli and MS Dhoni Become Top Taxpayers in Sports

Typically, an individual with an income of less than Rs.7 lakh who files an ITR under the new tax regime is eligible for a tax rebate of up to Rs.25,000 under section 87A.

No Income Tax Rebate u/s 87A Despite Income Below Rs.7 Lakh

As per the news shared by Business Standard, businesses across the country may soon be obliged to issue electronic invoices or e-invoices.

GST Council may propose E-invoice for B2C Transactions

GSTN has enabled Services of GST Payment for Bandhan Bank and IDFC First Bank with Net Banking (e-Payment) and Over the Counter options.

GST Portal Update: Now GST Payments can also be made through 29 Banks

The WIRC of Institute of Chartered Accountants of India (ICAI) has issued a Publication on Expected Credit Loss framework.

ICAI Publication on Expected Credit Loss Framework

One Stop Solution For CA CS CWA Direct Indirect Tax GST Business News