Curated By: Business Desk Last Updated: September 29, 2023, 13:25 IST The amendments to two GST laws were passed in the Lok Sabha during its final session of the monsoon season. This decision was taken on the recommendation of a group of ministers looking at taxing casinos, horse racing, and online gaming. The Goods and…
Curated By: Business Desk Last Updated: September 28, 2023, 17:03 IST The 2000-rupee notes will be banned from October 1. The government is going to implement a new rule of 20 per cent TCS (tax collection at source) from October 1, 2023. The month of October will be here in just a few days. As…
Curated By: Business Desk Last Updated: September 13, 2023, 18:51 IST Alimony is effective under Section 25 of the Hindu Marriage Act. Alimony is the financial help offered for the maintenance, support or sustenance of a spouse after a divorce. Divorces are emotionally and financially draining experiences. They involve not just the investment of time,…
Published By: Business Desk Last Updated: September 07, 2023, 07:00 IST The renewed tax portal enables users to effectively compare distinct Acts, Sections, Rules, and Tax treaties. (Representative image) The revamped income tax website offers comprehensive access to Direct Tax laws, alongside various other Allied Acts, Rules, Income Tax Circulars, and Notifications. With the intention…
The new rules will provide a major relief to top management players or high salaried employees in corporate as their take home salary will increase. Source link
Published By: Business Desk Last Updated: August 14, 2023, 14:01 IST A gift could be in the form of cash, tangible goods, or financial instruments. It’s crucial that you maintain all necessary documents on gift items and understand the tax implications to avoid any penalty. Disclosure of gifts is also important while filing Income Tax…