Posts in Taxation

Key Updates on GST Reform

1. Simplified Tax Structure: From Four Slabs to Two 2. Key Product Tax Cuts 3. Economic Implications 4. Next Steps & Timeline At a Glance:[…]

Income tax Comparison -New regime and old regime

Here’s a detailed comparison between the New Tax Regime and the Old Tax Regime under the Income-tax Act, 1961, for FY 2024-25 (AY 2025-26): 1.[…]

Capital Gains Exemptions under the Income‑tax Act, 1961,

Section 54 – Capital gains from sale of residential property ✅ Quick scenario: Gain ₹35 L; reinvest ₹20 L → exempt ₹20 L, ₹15 L taxable. If reinvest full[…]

TDS and TCS As Per Income Tax Act

Understanding TDS and TCS Under Indian Tax Laws: A Comprehensive Guide (FY 2025-26) Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) are[…]