Income Tax Changes from April 1, 2025- Everyone Must Know!
Posted Date : 02-Apr-2025 , 11:27:35 am | Posted By
CA Tushar Makkar
Big changes are coming to income tax rules in India, introduced by The Union Budget 2025. It aims to ease the tax system's understanding and to give more benefit to the taxpayers. These new rules will affect different parts of the Income Tax Act of 1961. CA students, CA articles, and every other ind...
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Category : Income Tax |
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Common Mistakes to Avoid While Filing an OPC Annual Return
Posted Date : 29-Mar-2025 , 03:07:45 pm | Posted By
Ishita Ramani
One Person Companies (OPCs) need to record annual returns to remain compliant with legal requirements. However, many business owners make errors while filing, leading to consequences and legal troubles. This article shall give you a briefing on the common mistakes to be avoided while filing an OPC a...
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Category : Income Tax |
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0 | Hits : 633 |
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Bank Branch Audit - Total Number of Bank Branch Auditors Appointed and Total No. of Branches Audited
Posted Date : 04-Mar-2025 , 10:45:49 am | Posted By
CA.Khurana Vivek
Bank Branch Audit Update :- Total No. of Bank Branch Auditors (Category wise) Appointed and Total No. of Bank Branches Audited. Category Wise Total Number of Bank Branch Statutory Auditors for 2022-23 and 2023-24.
•Bank Of Baroda
•Bank Of India
•Bank ...
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Category : Income Tax |
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0 | Hits : 1968 |
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How Does Section 10AA of the Income Tax Act Affect Private Companies?
Posted Date : 12-Feb-2025 , 03:49:14 pm | Posted By
Ishita Ramani
Section 10AA of the Income Tax Act performs a vital position in shaping the tax liabilities of private companies running within Special Economic Zones (SEZs) in India. Key Provisions of Section 10AA Section 10AA gives tax exemptions for units installed in SEZs. To avail of the advantages...
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Category : Income Tax |
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0 | Hits : 1897 |
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Difference Between Nil TDS Return and Regular TDS Return
Posted Date : 07-Feb-2025 , 04:54:12 pm | Posted By
Ishita Ramani
Tax Deducted at Source (TDS) is a essential a part of tax compliance for corporations, inclusive of MSMEs and startups. It guarantees tax collection on the source of profits.
This article shall help to understand the difference among a Nil TDS Return and a Regular TDS Return is important for busin...
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Category : Income Tax |
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0 | Hits : 2138 |
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LLP vs Pvt Ltd: Key Differences in Taxation and Compliance
Posted Date : 31-Jan-2025 , 05:05:16 pm | Posted By
Ishita Ramani
When starting a commercial enterprise, one of the crucial decisions to make is selecting the proper business structure. Two popular alternatives in India are the Limited Liability Partnership (LLP) and Private Limited Company (Pvt Ltd).
This article helps you know the key differences bet...
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Category : Income Tax |
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0 | Hits : 2040 |
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PAS 6 Applicability for Non-Listed Companies: What You Should Know
Posted Date : 29-Jan-2025 , 01:44:27 pm | Posted By
Ishita Ramani
The PAS 6 Applicability is an important consideration for non-listed businesses in India, especially in terms of keeping transparency of their economic statements. Non-listed groups want to be aware about how PAS 6 applies to them to keep away from any compliance issues.
This informative arti...
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Category : Income Tax |
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0 | Hits : 1439 |
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Role of RoC in Transfer and Transmission of Shares Compliance
Posted Date : 27-Jan-2025 , 05:44:48 pm | Posted By
Ishita Ramani
The Registrar of Companies (ROC) plays a crucial function in ensuring the prison and procedural compliance of various corporate sports in India, inclusive of the transfer and transmission of shares.
This article explores the ROC's responsibilities and their importance in keeping compliance.
Unde...
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Category : Income Tax |
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0 | Hits : 1282 |
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The Scope of Accounting in International Business Expansion
Posted Date : 20-Jan-2025 , 03:41:27 pm | Posted By
Ishita Ramani
In today's global economy, the scope of accounting has grown significantly. As companies expand globally, accounting ensures financial stability, compliance, and strategic decision-making.
This article tells us how the scope of accounting contributes to the success of worldwide business expansion.
...
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Category : Income Tax |
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0 | Hits : 1005 |
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Empowering Charitable Trusts and NGOs Tax, Compliance and Operational Mastery
Posted Date : 16-Jan-2025 , 06:32:25 pm | Posted By
Abhishek
Empowering Charitable Trusts and NGOs: Tax, Compliance and Operational Mastery by CA ABHISHEK AGARWAL, B.COM, CA, CS, DISA (ICAI), DIRM (ICAI)
Executive Summary
Charitable Trusts and NGOs in India play a vital role in addressing social, educational, and environmental challenges, but their succe...
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Category : Income Tax |
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Types of Directors in a Private Limited Company
Posted Date : 11-Jan-2025 , 02:15:40 pm | Posted By
Ishita Ramani
Directors are responsible for making strategic selections and making sure proper compliance is achieved in legal cases.
This article brings you a briefing on the types of Directors and their roles in a Private Limited Company.
1. Managing Director (MD)
The Managing Director is one of the most si...
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Category : Income Tax |
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0 | Hits : 1296 |
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Benefits of Timely ESI Return Filing for Employers and Employees
Posted Date : 09-Jan-2025 , 03:28:17 pm | Posted By
Ishita Ramani
1. Legal Compliance and Avoidance of Penalties
Timely ESI return submission ensures that employers remain compliant with the provisions of the ESI Act. Failing to file returns by the stipulated closing date can lead to hefty consequences, including fines and interest on delayed bills.
...
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Category : Income Tax |
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0 | Hits : 1010 |
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State Wise Guidelines for FSSAI Certificate Download in India
Posted Date : 07-Jan-2025 , 04:09:17 pm | Posted By
Ishita Ramani
The Food Safety and Standards Authority of India (FSSAI) is the regulatory frame accountable for ensuring the safety and great of food products.
With the digitization of offerings, the FSSAI Certificate Download process has end up convenient for organizations.
General Overview of FSSAI Certifica...
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Category : Income Tax |
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0 | Hits : 934 |
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Importance of Trademark Search Before Registration
Posted Date : 03-Jan-2025 , 04:32:21 pm | Posted By
Ishita Ramani
A trademark search is a crucial step for anyone or any business looking to register a trademark. It involves checking existing trademarks to make sure your proposed trademark is unique and does not conflict with any that are already registered.
This article gives a descriptive information on the Im...
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Category : Income Tax |
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1 | Hits : 3053 |
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Do's and Don'ts for Food License Documents Under FSSAI Guidelines
Posted Date : 31-Dec-2024 , 03:27:36 pm | Posted By
Ishita Ramani
Food Safety and Standards Authority of India (FSSAI) requires all food business operators (FBOs) and submission of Food License Documents are important for making seamless registration.
This article gives an overview of the major do’s and don’ts to help avoid common mistakes and m...
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Category : Income Tax |
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0 | Hits : 967 |
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Why Timely FSSAI Certificate Download is Important for Your Food Business
Posted Date : 26-Dec-2024 , 05:17:58 pm | Posted By
Ishita Ramani
In India, the Food Safety and Standards Authority of India (FSSAI) is the governing body liable for ensuring food protection and regulating requirements for food merchandise.
Timely FSSAI certificate download is crucial for maintaining compliance with food safety guidelines and going for walks as a...
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Category : Income Tax |
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0 | Hits : 966 |
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Impact of GST on Small and Medium-Sized Enterprises
Posted Date : 24-Dec-2024 , 06:57:40 pm | Posted By
Ishita Ramani
The implementation of the Goods and Services Tax (GST) in India delivered a massive transformation to the state's taxation framework.
For small and medium-sized firms (SMEs), GST has had a blended impact, providing both opportunities and demanding situations.
This article explores the important ...
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Category : Income Tax |
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0 | Hits : 846 |
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Documents Required for ESI Return Filing
Posted Date : 17-Dec-2024 , 01:03:17 pm | Posted By
Ishita Ramani
Employee State Insurance (ESI) is a social safety scheme designed to provide clinical and financial advantages to personnel and their households. Accurate documentation is important for seamless ESI return filing because it verifies the data submitted and guarantees transparency.
This article outl...
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Category : Income Tax |
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0 | Hits : 523 |
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Top MSME Benefits Every Entrepreneur Should Know in 2024
Posted Date : 14-Dec-2024 , 07:00:46 pm | Posted By
Ishita Ramani
The Micro, Small, and Medium Enterprises (MSME) zone performs a pivotal role in riding economic increase, developing employment, and fostering innovation in India.
Here’s an overview of the MSME benefits:
1. Financial Assistance and Subsidies
MSMEs are eligible for numerous government su...
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Category : Income Tax |
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0 | Hits : 480 |
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The Role of GSTR 2A in Ensuring GST Compliance
Posted Date : 12-Dec-2024 , 05:27:39 pm | Posted By
Ishita Ramani
The Goods and Services Tax (GST) gadget, introduced in India on July 1, 2017, marked a full-size shift in the U. S.’s taxation structure, unifying various oblique taxes into one. This transformation aimed to streamline the tax machine and reduce tax evasion.
Here’s how GSTR-2A plays a ...
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Category : Income Tax |
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