Updated Return (ITR-U) u/s 139(8A) Income Tax Guide Budget 2022 has introduced the new section 139(8A) in Income Tax Act, 1961. Refer budget update @ Introduction of new Income Tax ‘Updated’ Return Type. Section 139(8A) enables the filing of “Updated Return” (aka ITR-U) by the taxpayers. Section 139(8A) has come into effect from 01st Apr 2022. […]

All public sector employers pay basic salaries to their employees according to the respective pay scale. Several other components are then calculated with respect to the basic salary and are then added to it to calculate the take-home amount. One such important component is Dearness Allowance or DA. What is Dearness Allowance? Dearness Allowance is […]

An economy involves lending and borrowing money to invest and circulate in the market. When the borrower fails to pay back the debts, which may be banks, institutions, groups, organizations, or individuals the lender may seek Legal Notice for Money Recovery. It is quite a simple step taken to recover the monetary value at risk. Often these […]

Exchanging 100 Indian rupee in Pakistan yields 331.69 Pakistani rupees, showcasing the currency’s exchange rate dynamics. Indian Rupee Indian Rupee(₹) is the official currency of the Republic of India. The Reserve Bank of India(RBI) is the Central Bank of India which is responsible for controlling, maintaining, and circulating Indian rupees. Rupees which include coins of ₹1, […]

E-shram card scheme is a centralized database seeded with Aadhaar. It delivers social security benefits as implemented by Central and State Ministries. It will also ensure the portability of the social security and welfare benefits to the migrant and construction workers at their working places. This blog also discusses how to check the E-Shram Payment Status. The E-shram card scheme […]

Introduction: Welcome to our blog, where we delve into the intricacies of tax advisory services tailored specifically for businesses operating in India. As the Indian economy continues to evolve and tax laws become increasingly complex, the role of legal tax advisors has become indispensable for businesses of all sizes. In this article, we’ll explore the […]