Unraveling the Magic of Demergers: Unleashing Business Brilliance

Ever wondered how companies unleash the hidden potential of their businesses and attract diverse investors? Let's dive into the captivating world of demergers! Let's uncover the secret behind demergers - a str...

Key Highlights of the 50th GST Council Meeting

The 50th GST Council meeting was held in Delhi on July 11, 2023 under the chairmanship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. It marks the completion of 50 Council meetings since t...

Crypto Tax Calculator - Taxation on Cryptocurrency Gains

Cryptocurrency has gained significant popularity in recent years, with more people investing and trading in digital assets. As the cryptocurrency market grows, it becomes crucial to understand the taxation rules and regu...

Guidelines for processing of Applications for Registration

CBIC has issued Guidelines for the processing of applications for GST registration vide Instruction No. 03/2023-GST dated 14/06/2023 after detecting various instances of fraudulent individuals obtaining fake registr...

2-Factor Authentication in the e-Way Bill and e-Invoice System

In today's digital era, ensuring the security of sensitive information is of paramount importance. With the increasing use of e-Way Bills and e-Invoice systems for smooth business transactions, the National Informati...

Cost Inflation Index (CII) for Financial Year 2023-24

CBDT has notified the Income Tax Cost Inflation Index for the Financial Year 2023-24 (Assessment Year 2024-25) vide Notification No. 39/2023, dated 12th June 2022, at 348. The Cost Inflation Index is used to calcul...

Returns & Forms applicable for Salaried Individuals (AY 2023-24)

With the commencement of the return filing season for the financial year 2022-23 (assessment year 2023-24), it is crucial to understand the appropriate forms required for filing returns. Failure to select the correct for...

Income Tax Calculator for AY 2023-24

Curious about your tax obligations for financial year 2022-23? Look no further than Tax Ninja's income tax calculator for accurate and hassle-free calculations. Following the introduction of the New Tax Regim...

Information available under AIS and Form 26AS

Starting from AY 2023-24, the Annual Tax Statement available on the TRACES portal will only display TDS/TCS related data. Other details will be accessible through the AIS (Annual Information Statement) on the e-filing po...

Decoding Indian Accounting Standard (Ind AS) - 12 - Part III

This article is a continuation of Part II of Decoding Indian Accounting Standard (Ind AS) - 12 which can be accessed here. Recognition of current and deferred tax Accounting for the current and deferr...