Associate TG
New GST Registration Process 2025 New GST Registration Process 2025 The Goods and Services Tax (GST) registration process in India has been updated to incorporate biometric verification for enhanced security and fraud prevention. As per Rule 8 of the CGST Rules, 2017, taxpayers applying for GST registration must now undergo Aadhaar authentication or visit a … Read more
Direct Tax-Paying Companies in India Direct Tax-Paying Companies in India India’s economy is on a steady growth trajectory, with the World Bank forecasting a 6.7% GDP growth rate in both FY26 and FY27, significantly outpacing the global average of 2.7%. A crucial driver of this economic expansion is the corporate sector, which plays a significant … Read more
Income Tax Deduction from Salaries Income Tax Deduction from Salaries The Income Tax Department has issued guidelines for the deduction of tax at source (TDS) on salaries under Section 192 of the Income Tax Act for the financial year 2024-25. These guidelines are essential for employers and salaried individuals to ensure compliance with tax regulations … Read more
80-IAC Tax Benefits for Startups The Union Budget 2025 brought a major relief for startups in India by extending the tax benefits under Section 80-IAC of the Income Tax Act. This move aligns with the government’s ongoing efforts to promote entrepreneurship, innovation, and ease of doing business in the country. Here’s everything you need to … Read more
End of Assessment Year (AY) and Previous Year (PY) Introduction End of Assessment Year (AY) and Previous Year (PY) The Income Tax Act 2025 is set to introduce a major reform in the tax filing system by eliminating the concepts of Assessment Year (AY) and Previous Year (PY). Instead, taxpayers will follow a single tax … Read more
