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The finance bill has proposed to add Section 194R to the Income Tax Act 1961. Although this change will be effective from July 1, 2022. This section has be...
Section 269SU under the Income Tax Act was introduced with a view to promote cashless economy and stimulate digital mode of accepting payments. This articl...
With the commencement of the new income tax regime, as a taxpayer you may be confused about which one is better among the Old and new income tax regime. To...
Finance minister, in her budget 2022 speech, had announced about the provision of filing updated tax return. This will provide taxpayers the opportunity to...
The Central Board of Direct Taxes announced that it has processed refunds of more than Rs. 1.54 crores to more than 1.5 crore taxpayers from 1st April, 202...
The Central Board of Direct Taxes extended the deadline for ITR filing (FY 2020-21) for certain category of taxpayers. The income tax department made this...
Filing of Income Tax Returns (ITRs) is one of the tedious but mandatory tasks that an assessee has to do every year before the due date of filing. This fin...
Introduction In India, under section 139 of the Income Tax Act, each assessee is expected to file his or her income tax return within the time fr...
The insurance industry is on the edge of a transformative era. As we enter 2024, technological...
The Indian Cybercrime Coordination Centre reported a rise in digital financial fraud, which has...
During its 203rd meeting on 25th November 2023, the Securities and Exchange Board of India (SEB...
If you want to expand your portfolio beyond standard stocks and bonds, Alternative Investment F...
NBFCs in India encounter significant challenges related to the compounded effects of outstandin...
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