Direct Tax Related Changes Tax Rate for Assessment Year 2026-27 and Financial Year 2025-26 Individuals (New Regime - Revised Slabs) Income up to ₹4,00,000 – No tax ₹4,00,001 – ₹8,00,000 – 5% ₹8,00,001 – ₹12,00,000 – 10% ₹12,00,001 – ₹1 ...
About PhonePe and Indus Appstore: PhonePe is India's largest payments app, committed to financial inclusion. Indus Appstore, a native Android app store, strives to cater to the unique needs and preferences of Indian users and developers. This launc ...
Paytm, the name synonymous with digital payments in India, isn't simply a platform, it's a saga woven into the fabric of the nation's remarkable fintech revolution. In this article, we delve into the intricate details of Paytm's journey, from its hum ...
Key Highlights of Budget FY 2024-25 by Finance Minister Nirmala Sitharaman In a much-anticipated budget presentation, Finance Minister Nirmala Sitharaman outlined the fiscal blueprint for the upcoming financial year 2024-25. With a comprehensive appro ...
The recent High Court order in the Cognizant Technology Services case has reignited the debate surrounding security for penalties in income tax disputes. The court, while directing the revenue authorities to release the lien on fixed deposits, imposed a ...
Income Tax Deductions Upheld for Printing and Bookbinding: The High Court affirmed the taxpayer's claim for a deduction under Section 80-IC, recognizing printing and binding of books as eligible activities. Taxpayer Responses to Notices ...
For Income Tax, GST, and misc. including important Circulars Magistrate can’t hear arguments on issues of territorial jurisdiction & existence of criminal conspiracy: Delhi HC SLP dismissed HC's ruling that reimbursement of service tax isn't l ...
Case Laws Summary dated 10th January 2024 For Income Tax, GST and misc. including important Circulars HC grants stay on recovery of tax as AO didn’t wait for DVO’s report before making sec. 50C additions Revised Form 10 can be filed during reass ...
SC dismissed SLP against ruling that Sec. 195 has no application if payment is considered as salary income HC remanded the matter as there was no comparison of income proposed to be added with income declared by the deceased ITAT deletes sec. 69A ...
