Understanding Section 2(22) of Income Tax Act: Definition of Dividend and Tax Implications
Section 2(22) of the Income Tax Act, 1961 defines the term "dividend" and is an important provision that has significant implications for taxpayers. Dividend...
Mastering GST Accounting in West Bengal: A Guide for Business Owners
INTRODUCTION
Goods and Services Tax (GST) is an indirect tax that replaced many indirect taxes in India. The GST is a comprehensive tax levy on...
Understanding Section 143(1) of the Income Tax Act: A Comprehensive Guide
The Income Tax Act, of 1961 is a vital piece of legislation that governs the taxation of individuals, businesses, and other entities in India....
BPL Card in Delhi: Empowering the Economically Weaker Sections
Introduction:
In Delhi, the government has implemented various social welfare programs to uplift the economically weaker sections of society. One such initiative is the Below...
Empowering Dreams: A Comprehensive Guide to Bihar Government’s Student Loan
Education is the cornerstone of progress and development, and every aspiring student deserves a fair chance to pursue their dreams. Recognizing the importance of...
Understanding the Difference Between Third-Party and First-Party Insurance: Protecting Your Assets and Liabilities
When it comes to insurance, it's essential to understand the distinction between third-party and first-party insurance coverage. Both types offer different levels of protection...
Unlocking Dreams: Exploring the Exciting New House Government Scheme
Introduction
Owning a home is a dream cherished by many individuals and families. It provides a sense of stability, security, and pride. However, the path...
Understanding Section 10CC of the Income Tax Act: A Guide to Tax Treatment of...
Section 10CC of the Income Tax Act: Understanding the Provisions
The Indian Income Tax Act lays down various provisions for calculating and paying taxes. One...
Understanding Section 40B of the Income Tax Act, 1961: Disallowance of Interest on Borrowed...
Section 40B is a provision under the Income Tax Act that deals with the disallowance of interest on certain borrowed capital. The section applies...
Illuminating Lives: Exploring the Government’s Solar Light Scheme
Introduction
In an era where sustainability and clean energy are of paramount importance, governments worldwide are taking proactive steps to promote renewable energy sources. One...