December 31, 2023: Deadline to File Belated Income Tax Returns (ITRs)

Those who have yet to file their income tax returns (ITRs) for…

Tax Planning: A Focus on Maximising Tax Savings

It is possible to maximise on tax savings in a financial year…

An Eye on Tax Rules Related to Cash Limit at Home

As per the Income-Tax Act (ITA), 1961, there is no restriction on…

Equity-Linked Savings Scheme (ELSS): An Eye on Tax-Saving Mutual Funds

Equity-linked savings scheme (ELSS) funds, also referred to as tax-saving mutual funds,…

Goods and Services Tax (GST): Collections Jump to Rs 1.68 Lakh Crore in November ’23

The gross Goods and Services Tax (GST) collections surged to 15% to…

S&P Global Ratings Report: India’s FY24 GDP Growth Rate Remains Robust

S&P Global Ratings has raised its forecast for India’s Gross Domestic Product…

Investing in Shares, Mutual Funds in a Minor’s Name? Know About the Income Tax Implications

For parents looking forward to making investments in equities and mutual funds…

New Discard Feature on Income Tax Website to be introduced from AY2023-24

The Income Tax (I-T) department has introduced a new ‘Discard ITR’ feature…

Government Permits Overseas Listing of Indian Companies

In a significant move, the Ministry of Corporate Affairs (MCA) permitted overseas…

All Private Companies Need to Demat Shares by September ’24: Govt

The government has directed all large unlisted private companies, other than small…