Expense-tracking apps, spreadsheets, Artificial Intelligence (AI) -generated analysis, and budgeting dashboards are not merely bookkeeping ...

Factory workers' protests in Noida have reignited India's minimum wage debate. Rising inflation erodes real wages, impacting workers' purch...

Secured loans offer MSMEs a pathway into the formal credit system, eliminating the need for years of audited financials or a long operation...

The Code on Social Security, 2020 expands the wage base for gratuity, potentially increasing payouts, but tax rules under the Income-tax Ac...

India has significantly increased export duties on diesel and aviation turbine fuel. This move aims to boost government revenue and ensure ...

Kotak Mutual Fund MD Nilesh Shah suggests that Finance Minister Nirmala Sitharaman could creatively utilize India's massive savings in gold...

Budget 2024: The Section 56 (II) (viib) of the Income Tax Act, known as angel tax, is applicable on any consideration of issue of shares th...

The dispute between contractors and government arose due to the entering of works contract before July 1, 2017, when the GST replaced the V...

The circular debt situation in oil and gas sectors had already been worsening and the accumulation of subsidy or price differential claims ...

“This will help the MMF segment grow and emerge as a big job provider in the country,” the textiles ministry said in a statement, adding th...

Until now, any deal with value lower than the existing ready reckoner or circle rate by 10% or more, would result in additional tax burden ...

GST is one of the most significant tax reforms in India since independence and will further enhance the ease of doing business.

The govt proposed imposition of 5% service tax on treatment in private hospitals, paid either by individuals or insurance companies.

How do employers ensure that expatriate employees deputed to India do not pay more tax than what they would in their home country? Paresh P...

The Planning Commission has suggested passing on a part of the increase in petroleum prices to consumers, reports Our Bureau.

Terming as "unsustainable" the mounting subsidies in the petroleum sector, the Planning Commission virtually advocated for passing on part ...

Life-saving drugs are set to attract a 4% rate under value added tax (VAT) instead of the proposed revenue neutral rate (RNR) of 12.5%. Sta...