The standard deduction refers to the flat deduction of one’s income from the gross salary which does not attract any tax. The...
The goods and services tax rates for pencil sharpeners and rab has been lowered following the decisions taken at the GST Council meeting on...
The last date for making tax-saving investments for FY 2022-23 is near. Know how NPS helps taxpayers The last date for making...
ITR filing: Results season for Q3FY23 is about to end and listed entities are showering interim and final dividends, bonus shares, buyback of...
The Delhi bench of the ITAT gives ruling in the case of Shivani Madan (the taxpayer), in which it upheld a taxation...
The presumptive taxation scheme for professionals was introduced with effect from AY 2017-18 with the intention of relieving small professionals from the...
In Budget 2023, the finance minister extended the option of presumptive taxation scheme to those professionals with gross receipts of less than...
The government is planning to widen its goods and services tax (GST) by tapping a section of mom-and-pop stores, a top tax...
Pakistan has been struggling with a huge economic crisis after its forex reserve has fallen down. Inflation is likely to get accelerated...
ELSS is a mutual fund scheme under which asset management companies put their corpus in equities with a 3-year lock-in period In...