Do you love to eat out often? Remember that the latest rates of Goods and Services Tax (GST) took effect on April 1. As per the new rates, customers may have to pay either 5 per cent or 18 per cent based on where the restaurant is located and whether it is part of âspecifiedâ…
With the new financial year FY2025-26 starting today, on April 1, 2025, we take a look at what changes for you in terms of online payments, GST rates, income tax slabs, bank balance, LPG cylinder prices, TDS, tolls, credit cards, and more. Citizens and taxpayers have to be alert about new income tax rules, new…
Money rule changes from April 1 2025: March 2025 is coming to an end, ushering the beginning of a new financial year from April 1. The financial year 2025-26 will start from April 1, affecting citizens and taxpayers across India. New income tax rule changes, credit card rule change, UPI rule change and a host…
New Delhi: Finance minister Nirmala Sitharaman on Tuesday said the new Income Tax Bill, currently under review by a select committee, will be taken up for discussion in the upcoming monsoon session of Parliament. Speaking in the Lok Sabha during a discussion of the Finance Bill, Sitharaman said the select committee has been mandated to…
India has been playing nice with Americaâs Donald Trump administration. So too with EV-maker Tesla and the satellite services arm of SpaceX, both led by Elon Musk, who is widely seen as President Trumpâs confidant, a billionaire shaking up the US by taking a chainsaw to its government under the Department of Government Efficiency. This…
The next step is the online registration processâuploading the documents and submitting the application and Aadhaar authentication through OTP. However, the process may not be as simple as it sounds. GST (goods and services tax) officers often ask for additional allied registrations, such as shops and establishment licences, MSME Udyam certificates and no-objection certificates (NOC),…
Even before we could get to see the results of the seventh economic census (conducted in 2019-20), plans are afoot to conduct the eighth one in the coming months. Indiaâs economic census is supposed to be a comprehensive database of all firms in the country, including micro-enterprises. It is supposed to be conducted every five…
The number of gig workers in India are growing, whether they are drivers of autorickshaws, taxis or bikes, or those engaged in the delivery of food or groceries, or others working for e-commerce companies. The surge in job opportunities for gig-workers across sectors has led to an increase in government initiatives for their welfare. Also…
The National Statistical Office (NSO) recently released the first revised estimates of Indiaâs gross domestic product (GDP) for 2023-24, revising the GDP growth rate at constant prices from the earlier provisional estimate of 8.2% to 9.2%. This revision, which brought annual growth to one of the highest levels in the post-covid period, sparked considerable debate…
While the broader indices are teetering on the edge of a bear market (defined as plunging 20% or more from recent highs), some small- and mid-cap stocks are so deep in red that short-term traders have graduated to being long-term investors, and long-term investors have embraced spirituality. Investing in the small and medium enterprises (SME)…
