Taxation is an essential component of any economy, ensuring that the government has the necessary funds to finance public services and infrastructure. In India, the Income Tax Act, 1961, govern...
India's taxation landscape has witnessed significant reforms in recent years, with the objective of simplifying tax structures and offering greater flexibility to taxpayers. One of the most not...
The Goods and Services Tax (GST) has revolutionized India's taxation system since its implementation on July 1, 2017. While GST has streamlined indirect taxation across industries, its impact o...
Taxation is a fundamental tool for governments to generate revenue and provide public services such as healthcare, education, and infrastructure. However, a crucial concern in any tax system is...
Real estate transactions in India are taxed under a complex system that is being regulated by many legislation, including the RERA Act, the Goods and Services Tax (GST) Act, and State-specific ...
Ever wonder where the money for schools, roads, and hospitals comes from? It all starts with taxation. Taxation is how governments get funds. These funds help them pay for services and projects...
Property tax plays a vital role in local governance across India, affecting every individual who owns land or invests in real estate. This guide offers an in-depth exploration of property tax i...
The Central Board of Direct Taxes (CBDT) has made it mandatory to file Income Tax Returns for all Firms and LLPS Irrespective of their income or loss. ITR-5 (ITR-4 for presumptive income in cas...
Area of Focus: This blog examines the inherent biases in tax calculations that disproportionately target the economically disadvantaged, exacerbating poverty and widening the gap between the r...
Area of Focus: This blog explores the inequities in the taxation system, focusing on how salaries, businesses, and professions are taxed unevenly, creating a ripple effect that impacts career ...