Backdrop: GST on Food Delivery Since January 1, 2022, food delivery platforms such as Zomato and Swiggy have been mandated to collect and...

Taxability of FD Interest:  Interest income earned through FD is fully taxable under income from other sources TDS Threshold Limits on FD...

Several changes to TDS provisions have been introduced in the Finance Act (No. 2) and the Finance Act, 2025, leading to significant...

Communicating effectively through email is a crucial skill in the modern workplace. This document provides useful email phrases that can...

Introduction Effective April 1, 2025, the Government of India mandates that businesses with multiple GST registrations under the same...

1. Key GST Compliance Activities Before March 31, 2025 Compliance Activity Description Action Required Deadline Letter of Undertaking...

Many companies pressure employees to resign before completing five years to avoid salary increments and gratuity payouts. Further, they...

🔹 Introduction The Employees' Deposit Linked Insurance (EDLI) Scheme, 1976 , is a key social security benefit under the Employees’...

The Employees’ Pension Scheme (EPS) has been at the center of a major dispute regarding higher pension eligibility and calculation...

An NRI's income tax in India depends on their residential status for the year. If you are classified as a resident, your global income is...

Income chargeable to tax under the head “Income from house property” in the case of a let-out property is computed in the following...

This article explains the deductions that can be claimed while computing the income chargeable to tax under the head "Income from house...

Under the Income Tax Act, rental income received by a taxpayer from a property that includes a building or land appurtenant to the...

Composite rent refers to the rent received by a property owner not only for the building itself but also for other assets or services...

In certain situations, even if a property is not registered in your name, you may be liable to pay income tax on the rental income earned...

Introduction: The Employees' State Insurance (ESI) is a self-financing social security and health insurance scheme for Indian workers....

Gratuity refers to the amount that an employer pays his employee, in return for services offered by him to the company. Gratuity shall be...

Leave Travel Allowance (LTA) is a component of an employee's salary package that is meant to cover the cost of travel during their leave...

In India, income tax is levied on various types of income earned by individuals, businesses, and other entities. Here are some of the...

Housing Rent Allowance (HRA) is a common component of salary structures in India, which is given by employers to their employees to help...