PAN TAN Linking
In
India’s tax system, compliance goes beyond just paying taxes — it involves
proper documentation and linking of important identifiers like PAN
(Permanent Account Number) and TAN (Tax Deduction and Collection Account
Number). Though these numbers serve different purposes, connecting them
correctly ensures your business meets its tax obligations without facing
unnecessary hassles.
- 14th Jul 2025
- Category: Taxation
- views: 86
Capital Gains Tax after Indian Budget 2024
The Union
Budget 2024 brought significant reforms to India’s capital gains tax regime.
These changes aim to simplify the taxation structure, promote long-term
investments, and reduce tax arbitrage between different asset classes. Whether
you’re an investor in equities, mutual funds, gold, or real estate,
understanding these new rules is crucial for your future financial planning.
- 8th Jul 2025
- Category: Taxation
- views: 89
New CBIC Guidelines to Streamline GST Registration Process: Instruction No. 03/2025-GST
On
April 17, 2025, the Central Board of Indirect Taxes and Customs (CBIC) issued
Instruction No. 03/2025-GST, offering a comprehensive set of guidelines aimed
at resolving common hurdles faced during GST registration. The instruction
comes as a much-needed reform to standardize the verification process and
eliminate unnecessary documentation demands that often delay or derail genuine
registrations.
- 21st Apr 2025
- Category: Taxation
- views: 312
What is FEMA (Foreign Exchange Management Act)?
The
Foreign Exchange Management Act (FEMA) is an crucial legislation in India that
regulates foreign exchange transactions and facilitate external trade and payments.
Enacted in 1999, FEMA replaced the older Foreign Exchange Regulation Act
(FERA), 1973, to align with India’s economic policies and global trade practices.
- 18th Apr 2025
- Category: Business
- views: 174