ITR Season 2025: Smart Moves to Maximize Tax Savings Before March 31
As ITR Season 2025 kicks off, now’s the time to take stock of your finances. Whether you’re salaried, self-employed, or running a business, making the right moves before March 31…
ITR Filing 2025: Essential Document Checklist for a Smooth Tax Season
As the new financial year kicks off, it’s time to prepare for one of the most important financial tasks—filing your Income Tax Return (ITR). For Assessment Year 2025–26, the filing…
Old vs New Tax Regime: What Salaried Individuals Need to Know for FY 2025-26
The start of FY 2025-26 brings significant changes for salaried taxpayers as new income tax slabs under the revised tax regime take effect. Here’s a breakdown of what’s different—and how…
GST on Apartment Maintenance Charges: What Homeowners Need to Know
New GST on Maintenance Charges: What’s Changing? Apartment owners who pay more than Rs 7,500 in monthly maintenance charges could soon see a rise in their expenses due to an…
Income Tax, LPG, UPI, Credit Card & Toll Rule Changes from April 1, 2025
As India steps into the 2025-26 financial year, a host of rule changes are kicking in that could affect your wallet, daily habits, and travel plans. Lower Taxes, More Benefits…
Key TCS Changes Effective April 1, 2025
Overview of TCS Amendments The Union Budget 2025 has implemented several key modifications to the Tax Collected at Source (TCS) regulations, effective from April 1, 2025. These changes are designed…
Indian Net Direct Tax Collection Surges to Rs 8.65 Lakh Crore: Finance Ministry
The Finance Ministry announced a remarkable growth in India’s net direct tax collection, reaching Rs 8,65,117 crore as of September 16. This includes CIT amounting to Rs 4,16,217 crore and…
Income Tax Department Revises Valuation Norms for Rent-Free Accommodations
Revised Valuation Norms for Rent-Free Accommodations Benefit Employees Employees receiving rent-free accommodation from their employers are in for some good news as the income tax department has made significant revisions…
Input Tax Credit Allowed on Promotional Goods, Rules GST Advance Ruling Authority
Introduction Businesses can now claim input tax credit (ITC) on items such as gold coins and white goods, which are procured for distribution to dealers as part of promotional schemes.…
Don’t Risk Rejection: Verify Your Income Tax Return (ITR) Today
Ensure the Verification of Your Income Tax Return (ITR) to Prevent Rejection The Income Tax Department has issued a strong reminder to all income tax return (ITR) filers: make sure…