Latest Indian Income Tax News and Blogs Updates

Explore The Tax Heaven for the most recent updates and informative blogs on Indian income tax. Stay ahead with our comprehensive coverage of the latest news, insights, and changes in taxation laws. Our expertly curated blogs offer valuable perspectives, tips, and analysis, keeping you informed about the evolving tax landscape in India. Delve into our repository of articles covering tax reforms, filing procedures, deductions, and more, ensuring you're well-equipped to navigate the complexities of income tax in India.

Recent Updates for ITR File, GST, Tax e-filing

What Is Tax Haven & Its Impact On Indian Economy

Exploring tax havens - tropical hideaways where cash dodges taxes. With minor regulations, low taxes, and security, these areas allure businesses. But, what's their Indian economic impact? Let's find...

Understanding the Companies Act 2013

The Companies Act 2013 is an important law in India. It governs how companies operate, form, and end. This act replaced the previous Companies Act 1956. It has more rules and they are

Functions of a Company Secretary under the Companies Act of 2013

This article provides an overview of the roles of a Company Secretary and the qualifications necessary for the

Understanding the Powers and Duties of a Liquidator

A Comprehensive Guide to Understanding the Powers and Duties of a

A Deep Dive into the Income-tax Department Introduces 'Discard ITR' Facility

What is Discard ITR option?, How To Discard ITR? The new 'Discard Return' option from the I-T Department simplifies tax filing, by enabling the deletion of unverified returns before

Avoid a 200% Income Tax Penalty by Filing Your ITR-U On Time

Not filing your income tax returns can lead to big problems. Learn about your last chance to avoid getting in trouble and facing hefty penalties for not filing your

Intimation u/s Section 143(1) - Password for ITR Notice

In this situation, the Income Tax Department will send an intimation under Section 143 (1) of the Income Tax Act and ask you to make a rectification or apply for refunds. An intimation u/s 143 (1)...

Deciding The Right ITR To File: Understanding Different ITR Forms For FY 2023-24 (AY 2024-25)

This comprehensive guide will help you decipher the different types of ITR forms for the Financial Year (FY) 2023-24 (Assessment Year

Income Tax Slab for Senior Citizens FY 2024-25

Income Tax Slabs for Senior and Super Senior Citizens FY 2024-25 (New and Old Tax Regimes). Also, Know Benefits, Calculation, Tax Filing and

An In-depth Overview of the Highest Tax Paying State in India

As the highest tax paying state in India, Maharashtra, alongside Uttar Pradesh, Tamil Nadu, and Gujarat, significantly contributes to the nation's financial health, jointly shouldering over 70% of...

Applicability of GST Rate on Event Management Services in India.

In this blog post, we will look closely at the GST rates applicable to event management services in India and how these impact businesses in the

Can you claim input tax credit on travel expenses?

Input Tax Credit refers to claiming credit for the GST paid on the purchase of goods or services, such as travel expenses, that are used to advance the

What is the Corpus Fund? Advantages and Importance

A corpus fund is an investment pool where multiple investments are managed collectively by a team of professionals. These investments, referred to as the corpus, offer investors a diversified...

CBDT Implements Online Tool for Taxpayers to Rectify ITR Mismatches

Income Tax Department Launches Online Feature to Resolve ITR Mismatches: A Step towards Seamless Tax

Employee Provident Fund (EPF) and its Benefits

EPF, administered by EPFO under India's Ministry of Labour, provides financial stability for workers in old age. This guide explores EPF's provisions, welfare programs, payment details, and...

Understanding the Liquidation of a Company: Process and Implications

Liquidation is a complex process that marks the end of a company's legal existence. It occurs when a company is unable to repay its debts and its assets are sold off to satisfy creditors and other...

A Comprehensive Guide of ITR Filing Last Date for FY 2023-24 (AY 2024-25) in India

Discover the ITR filing last date for FY 2023-24 (AY 2024-25) in India with The Tax Heaven. Stay informed and meet your tax obligations on time. Learn

The number of crorepati income tax filers increased 2 times in the last five years

Minister of State (Finance) Pankaj Chaudhry presented data in Rajya Sabha that showed that the number of individuals who submitted an e-return with income of more than ₹1 crore surged to over 2.16...

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