Associate TG
GST Registration Process Under Rule 8 Updated Guidelines for Aadhaar and Biometric Authentication – February 2025 Introduction GST Registration Process Under Rule 8 The Goods and Services Tax (GST) registration process plays a critical role in bringing businesses under the tax net. The process has recently undergone significant changes, especially regarding Aadhaar and biometric authentication. … Read more
New Income Tax Bill New Income Tax Bill Finance Minister Nirmala Sitharaman is all set to introduce the New Income Tax Bill in the Lok Sabha, marking a significant step towards tax reform in India. This bill aims to replace the six-decade-old Income Tax Act, 1961, with a more modern, simplified, and taxpayer-friendly law. The … Read more
Income Tax under the Old Tax Regime Income Tax under the Old Tax Regime Budget 2025 Key Proposal: The government has introduced a full tax rebate for individuals earning up to ₹12 lakh per year under the new tax regime. With the ₹75,000 standard deduction, anyone with an annual income of ₹12.75 lakh (₹1.06 lakh … Read more
TDS Status Using PAN Card TDS Status Using PAN Card Tax Deducted at Source (TDS) is an essential component of the Income Tax Act, 1961, aimed at collecting tax at the very source of income. It applies to various income categories such as salary, interest, rent, and commission. The Central Board of Direct Taxes (CBDT) … Read more
FDI Limit in Insurance Sector to 100% FDI Limit in Insurance Sector to 100% In a significant move aimed at boosting the financial sector, Finance Minister Nirmala Sitharaman announced in the Union Budget 2025-26 that the Foreign Direct Investment (FDI) limit in India’s insurance sector will be increased from 74% to 100%. This decision is … Read more
