The landscape of income tax compliance in India is evolving rapidly, with technology playing a pivotal role in shaping the way the tax system operates.
The Finance Act, 2023 introduced a crucial amendment to Section 43B of the Income Tax Act, 1961 by inserting clause (h), specifically targeting payments to
Efficient management of GST Input Tax Credit (ITC) has become a cornerstone of sound financial planning for businesses registered under the Goods and Services Tax
Starting a business is an exciting venture, but it also comes with a set of statutory and regulatory obligations that must be fulfilled diligently. For
In the ever-evolving business environment, micro, small, and medium enterprises (MSMEs) are facing challenges beyond just managing growth and compliance. With increasing digitalization and complex
The Income Tax Department’s move towards a more transparent and technology-driven system continues to reshape how assessments are carried out in India. One of the
When it comes to income tax return filing, many individuals—despite having the means, knowledge, and access to resources—still tend to wait until the very last
As we step into 2025, tax planning remains a crucial part of financial wellness. While the tax regime has seen progressive reforms, traditional investment avenues
With the Goods and Services Tax (GST) system maturing in India, 2025 marks a new era of smarter compliance monitoring. The use of technology-driven scrutiny,
In the evolving landscape of tax compliance in India, Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) continue to be critical components