To allow them to focus on core business, there is a special provision of presumptive taxation in the Income Tax Act that simplifies the process of tax assessment. The presumptive taxation scheme ...

The implementation of the program has been delayed for months as a result of the discrepancy between what was written into ...

Not adhering to the tax audit requirements can result in hefty penalties under Section 271B of the Income Tax Act. If a ...

Assocham requests Finance Minister Nirmala Sitharaman to rationalize surcharge rates on salaried individuals by increasing ...