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Understanding Global Payment Systems

1. UPI (Unified Payments Interface) – India UPI is one of the most advanced digital payment systems, allowing instant bank-to-bank transactions using a mobile number...

Change in TDS & TCS Threshold Limits – Budget 2025 Updates

The Union Budget 2025, presented by Smt. Nirmala Sitharaman, has introduced significant changes in the Threshold Limits under Various TDS & TCS Sections. These...

Types of Companies in India

Types of Companies in India click here to get the pdf Type of CompanyDescriptionKey FeaturesExamples1. Private Limited CompanyA company privately held by a small group of...

Extension of Due Date w.r.t GSTR-1 and GSTR-3B January 2025

The due dates for filing GSTR-1 and GSTR-3B returns have been extended by two days to provide additional time for taxpayers. Below is a...

Advisory on Mismatch in Values Between Table 8A and Table 8C of Annual Return (GSTR-9) for FY 2023-24

Advisory on Mismatch in Values Between Table 8A and Table 8C of Annual Return (GSTR-9) for FY 2023-24 Date: December 9, 2024 As per Notification No....

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Deductions available to individuals under the Old Tax Regime

SectionDeductionMaximum LimitApplicabilitySection 80CInvestments in PPF, EPF, LIC, NSC, ELSS,...

Rules of Debit and Credit: Traditional Approach vs Modern Approach

In accounting, the rules of debit and credit are...

Types of TDS Forms and Their Purpose

S. No.Form No.Detailed DescriptionDue Dates1Form 26QThis form is used...

India’s New Income-Tax Bill 2025: A Game-Changer for Taxpayers?

The Income-Tax Bill, 2025, as introduced in the Lok...

Understanding Global Payment Systems

1. UPI (Unified Payments Interface) – India UPI is one...

Case Studies

TDS (Tax Deducted at Source)
Financial Management

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