Filing the Companies Income Tax Return under Section 44AD is a streamlined process designed to simplify tax compliance for small businesses. Section 44AD, under the Income Tax Act, provides a presumptive taxation scheme that allows eligible businesses to declare their income at a prescribed rate, reducing the burden of maintaining […]
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53rd GST Council Meeting | Latest GST Updates 2024.
The Goods and Services Tax (GST) Council in India continues to evolve its framework to better meet the needs of taxpayers and streamline tax processes. The latest updates from the 53rd GST Council Meeting, held on June 22, 2024, introduce significant changes and clarifications across various sectors. Here’s a detailed […]
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