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Introduction Digital payments have grown rapidly, but many businesses and individuals still make large cash withdrawals. To reduce the cash-based economy and promote transparency, the government introduced TDS on Cash Withdrawals under Section 194N …

MCA Extends Due Date for Filing DIR-3 KYC and DIR-3 KYC-WEB till 15th October 2025 — Big Relief for Company Directors The Ministry of Corporate Affairs (MCA) has announced a significant relief for company directors by extending the deadline for fili…

CBDT Extends Due Date for Filing Tax Audit Reports to 31st October 2025 — Major Relief for Taxpayers and Professionals New Delhi, 25th September 2025: The Central Board of Direct Taxes (CBDT) under the Ministry of Finance has announced a welcome…

1.  Gifts with a monetary value of over Rs 50,000, received from anyone other than a defined relative, is subject to tax in the hands of the recipient.  2.  However, gifts received by the bride and the groom, on the occasion of their wedding, are exe…

The DVAT vide Circular No. 23 of 2016-17 dt. 13 Feb. 2017 has further extended the due date/ last date from 28 Jan. 2017 / 13 Feb, 2017 to 28 Feb. 2017 for filing of online/ hard copy of DVAT return for Q3 of Financial Year 2016-17 (i.e. Oct.~De…