In the rapidly evolving Indian business landscape, a well-crafted business plan is more than just a formality—it's the foundation for success. Whether you're launching a startup in Bengaluru, ...

Resident taxpayers earning foreign income often face the issue of double taxation—being taxed in both the source country and the resident country. To address this, the Indian Income Tax Act allows ...

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

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 ...

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 ...

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 ...

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 ...

As per Section 54 of the GST Act, any of the following situations may necessitate a GST refund application to be filed by the taxpayer: GST laws have standardised procedure for processing a GST refund ...

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 ...

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 ...

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 ...