Under the Companies Act, 2013, every individual intending to be appointed as a director in a company must first obtain a Director Identification Number (DIN). DIN is a unique 8-digit identification number allotted by the…
Annual Compliance Checklist for Your Private Limited Company in India (2025) Running a Private Limited Company in India? Great! But like any good ship, it needs regular checks to stay afloat smoothly. These annual compliances…
The GSTN has issued an Advisory dated 07.05.2025, regarding delay in Invoice-wise Reporting Functionality in Form GSTR-7. Earlier, vide Notification No. 09/2025 – Central Tax dated 11.02.2025, the CBIC issued amendment in FORM GSTR-7, relating…
The Income Tax Return (ITR) Form 3 is designed for individuals and Hindu Undivided Families (HUFs) who have income under the head Profits or Gains of Business or Profession and are not eligible to file…
The Central Board of Direct Taxes (CBDT) has officially notified the income tax return (ITR) forms 1 and 4 for the financial year 2024–25.These forms shall be used for reporting incomes earned between 1 April…
The Government of India has officially authorized the Housing and Urban Development Corporation Limited (HUDCO) to issue bonds that qualify for capital gains tax exemption under Section 54EC of the Income Tax Act, 1961. ✅…
If your total income is below the taxable limit and you’re not liable to pay any tax, you can avoid this deduction by submitting Form 15G or 15H. 1. Form 15G: For individuals below 60…