Navigating the complexities of tax deduction at source (TDS) regulations can be challenging for autonomous bodies and...
EPFO Exemption: TDS Impact on Employee Perquisites.
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Practical Case Studies on Old vs. New Income Tax Regime.
Introduction: In the bustling city of Mumbai, India, resides Priya, a middle-class working professional. She finds...
Comparative analysis of Old Tax Regime and New Tax Regime.
The Hon’ble Finance Minister in her speech mentioned five major announcements impacting personal income tax rates and...
Changes In Income Tax Return Form No 1 to 4 for Assessment Year 2024-25.
No change in the applicability: The CBDT has not amended R12 of the Income-tax Rules, 1962, which outlines the...
Changes In Income Tax Return Form No 2, 3, 5 for Assessment Year 2024-25.
Applicability of ITR forms – not changed: Specific Income Tax Return (ITR) forms are applicable to specific...
Amendments to Maharashtra State Tax on Professions, Trades, Callings, and Employments Rules 2024.
The Finance Department of Maharashtra recently issued the Maharashtra State Tax on Professions, Trades, Callings and...
Gujarat’s Minimum Wage Revisions for April-September 2024.
Introduction: Gujarat, one of India’s industrially progressive states, recently announced revisions to its minimum...
Streamlining Employee Benefits: The e-Pehchaan Card Initiative under the ESI Scheme.
Title: “Streamlining Employee Benefits: The e-Pehchaan Card Initiative under the ESI Scheme” Introduction: In a...
MCA imposes a 4.5 lakh penalty for not including a statement on the constitution of the Internal Complaints Committee under the Sexual Harassment of Women at Workplace (Prevention, Prohibition, and Redressal) Act, 2013 in the board report.
Ceeta Industries Limited, a company headquartered in Tumkur, Karnataka, has been penalized by the Ministry of...
Odisha Minimum wages from October 2023 to March 2024.
The Government of Odisha has notified the revised rate of minimum wages for the scheduled employment that takes effect...
Bihar Minimum Wages were revised from 1st October 2023 to 31st March 2024.
The Government of Bihar, vide Notification No- 1687,1688 Dated- 31.03.2023 Gazette No.- 298 Dated 10.04.2023, revised...
Punjab Factory Rules Amendment 2023.
The Labour dept of Punjab has amended certain rules of the Factory Act 1948, and section 65 subsection (3) and clause...
Central Minimum Wages from 1st April 2023 to 30th September 2023.
Please find attached herewith Central Minimum Wages rates w.e.f. 01/04/2023 to 30/09/2023. Kindly comply accordingly...
Exemption to all Shops & Establishments for operating 24/7 in the Telangana State.
The Government of Telangana hereby issues guidelines for granting exemption from section 7 (Opening and Closing hours)...
Maharashtra Profession tax amendment 2023.
Govt of Maharashtra notifies Maharashtra State Tax on Professions, Trades, Callings, and Employments (Amendment) Bill,...
EPFO fixes Interest Rate for 2022-23 @8.15% pa.
The 233 meeting of the Central Board of Trustees, EPF was held today in Delhi under the Chairmanship of Shri Bhupendra...
PAN-Aadhaar linking deadline extended to 30 June 2023.
It has become a mandatory process to link your PAN with your Aadhaar. This is an important process because this will...
Transfer of Input Tax Credit on Conversion of Partnership Firm into Private Limited Company.
Statutory provisions regarding the transfer of input tax credit on sale, merger, lease, or transfer of business....
Scope of Reasonable Cause For Not Levying Penalty Under Section 221 For Non-Payment of TDS.
Penalty under section 221 is levied when there is a default in payment of tax. Under sub-section (1) of section...
Requirement of RERA Registration on receipt of Occupation Certificate vis-a-vis Completion Certificate.
All real estate projects are required to be registered with the RERA of the respective State so that authorities have...