Budget 2023 has introduced Section 43B(h) in the Income Tax Act to disallow payments to certain MSME suppliers if payment is not …

In October 2021, the Reserve Bank of India (RBI) introduced a revised regulatory framework for Non-Banking Financial Companies (NBFCs), referred to as …

The Central Board of Direct Taxes (CBDT) has introduced a significant revision to Rule 11UA of the Income Tax Rules, 1962 pertaining …

Introduction:Vide Finance Act, 2023, the Indian Government has expanded the scope of section 56(2)(viib) of the Income-tax Act, 1961 to include non-resident …

Honorable Finance Minister Ms. Nirmala Sitharaman has presented union budget on 2nd Feb, 2023. Brief highlights proposal made in union budget 2023 …

Gujarat government had launch IT/ITeS policy (2022-27) before few months giving series of incentives to companies in IT and technology sector. Portal …

Section 139 of Income Tax Act, 1961 deals with filing of income tax return. As per current prevailing rule, following person is …

Reserve Bank of India’s Monetary Policy Committee (MPC) in their meeting on Wednesday, 08th June, 2022 decided to hike key rate in …

Income Tax department has mandated linking of pan with Aadhar by 31.03.2022 (Without payment of any late fees). PAN-Aadhar link was discontinue …