Learn about the new 1% Tax Collected at Source (TCS) on luxury goods worth over ₹10 lakh, effective from April 22, 2025.

Starting a bakery business can be an exciting and rewarding endeavour, especially in India, where the demand for fresh, quality baked goods is on the rise. However, success in the bakery industry ...

Are you a salaried individual who gets confused during the ITR filing season, especially about what exactly counts as “Income from Salary” in Income Tax? You’re not alone! In this article, we simplify ...

The standard deduction in income tax is a fixed amount that salaried individuals and pensioners can claim to reduce their taxable income, without having to list out expenses or submit proof of ...

Income earned from the sale or purchase of shares, especially equity shares, is treated differently under the Income Tax Act. Unlike income from salary, rental income, or business income, the income ...

The Central Board of Direct Taxes (CBDT) has introduced a new feature called ‘e-Pay Tax’ on the Income Tax e-filing portal. This feature allows taxpayers to pay their taxes online without having to ...

Filing your Income Tax Return (ITR) might seem like a daunting task, especially if you're doing it for the first time, but it doesn’t have to be. Whether you're a salaried employee, a freelancer, or a ...

Yes, you can change your tax regime while filing your Income Tax Return (ITR). Since the introduction of the new tax regime in Budget 2020, individual taxpayers and Hindu Undivided Families (HUFs) ...

A trademark search is a vital tool in your business's marketing arsenal. This process enables you to identify trademarks already used within the market and gain insights into them. Moreover, it helps ...

Section 80G Deduction is a facility available in the Income Tax Act which allows taxpayers to claim deductions for various contributions made as donations. The deduction under the Act is available for ...

Businesses and individuals often find themselves in situations where excess GST is paid, whether due to export transactions, input tax accumulation, or simple clerical errors.The GST refund mechanism ...