How to Surrender or Correct Your PAN Card
How to Surrender or Correct Your PAN Card Read More »
File Your Pending GST Returns Now Before the deadline expires
Date: November 6, 2025 The GST Network (GSTN) is issuing a crucial advisory to all taxpayers regarding the strict time limit for filing Goods and Services Tax (GST) returns. As per recent changes in the law, you will soon be permanently barred from filing returns that are more than three years overdue. The New Rule The
File Your Pending GST Returns Now Before the deadline expires Read More »
Your PAN Card Will Be Inoperative from Jan 1, 2026 if Not Linked to Aadhaar!
The clock is ticking! The deadline to link your Permanent Account Number (PAN) with your Aadhaar card is fast approaching. Failure to link these two essential documents by December 31, 2025, will result in your PAN becoming “inoperative” starting from January 1, 2026. This deadline applies specifically to the remaining group of PAN holders who obtained their
Your PAN Card Will Be Inoperative from Jan 1, 2026 if Not Linked to Aadhaar! Read More »
Advisory on Entry of Receipt Numbers for Leased Wagons in the E-Way Bill System
Effective from January 1, 2025, the Goods and Services Tax Network (GSTN) has issued updated guidelines for the accurate entry of Receipt Numbers pertaining to Leased Wagons in the E-Way Bill (EWB) system. These instructions aim to ensure streamlined data validation and compliance for taxpayers transporting goods via rail networks, particularly through Leased Wagons. Key
Advisory on Entry of Receipt Numbers for Leased Wagons in the E-Way Bill System Read More »
Fraudster Registers ‘Sunny Leone’ and ‘Johnny Sins’ to Scam Government Scheme
In a bizarre incident from Chhattisgarh’s Bastar district, a man named Virendra Joshi fraudulently registered under the names ‘Sunny Leone’ and ‘Johnny Sins’ to siphon funds from the Mahatari Vandan Yojana, a government scheme providing ₹1,000 monthly to married women. Joshi managed to receive these payments for ten months before officials detected the irregularity. Upon
Fraudster Registers ‘Sunny Leone’ and ‘Johnny Sins’ to Scam Government Scheme Read More »
Top Income Tax Benefits for Senior Citizens in India: Maximize Your Savings in FY 2024-25
Senior citizens in India can avail themselves of several income tax benefits to reduce their tax liability for the financial year 2024-25. Here are some key provisions: 1. Higher Tax Exemption Limits: 2. Deductions Under Section 80TTB: Senior citizens can claim a deduction of up to ₹50,000 annually on interest income from savings accounts, fixed
Jammu and Kashmir Startup Policy 2024: A Comprehensive Overview
The Jammu and Kashmir Startup Policy 2024 marks a significant step towards fostering innovation and entrepreneurship in the region. This policy aims to create a vibrant startup ecosystem by providing necessary support and incentives to budding entrepreneurs. The policy is designed to nurture startups through various stages of their development, from ideation to scaling up.
Jammu and Kashmir Startup Policy 2024: A Comprehensive Overview Read More »
New Opportunities for Retail Investors: Lower Minimum Investments in Indian Corporate Bonds
Understanding Corporate Bonds in India Corporate bonds are a type of investment where you lend money to a company in exchange for regular interest payments and the return of the initial investment after a certain period. These bonds are issued by companies to raise funds for various purposes like expanding their business, starting new projects,
Understanding Tax Exemption vs. Tax Deduction in India
Tax planning is a crucial aspect of personal finance management, helping individuals and businesses reduce their tax liabilities within the framework of the law. Two important concepts in this realm are tax exemptions and tax deductions. While both mechanisms serve to lower your taxable income, they function differently. This article elucidates the differences between tax
Understanding Tax Exemption vs. Tax Deduction in India Read More »
Understanding Dividend Tax in India for AY 2024-25
Dividend tax refers to the tax imposed on the income earned from dividends in India. For the Assessment Year (AY) 2024-25, there are certain key aspects to consider regarding dividend taxation in the country. 1. Dividend Distribution Tax (DDT) Prior to the financial year 2020-21, companies were required to pay Dividend Distribution Tax (DDT) on
Understanding Dividend Tax in India for AY 2024-25 Read More »